All of the following are cited as potential explanations for the decrease in demand for Kleenex-brand facial tissues except:
A) consumers switching to substitute products.
B) market entry by lower-priced private brands.
C) the failure of the producer of Kleenex tissues to develop any new and innovative products.
C
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A country has a trade deficit when
A) imports exceed exports. B) imports equal exports. C) exports exceed imports. D) exports are zero.
Functional divisions
a. Make it easier to tie pay to performance b. Make it more difficult to tie pay to performance c. Break all ties between pay and performance d. None of the above
Inequality within countries has been __________, and inequality between countries has been _________ in recent decades.
A. increasing; decreasing B. increasing; increasing C. decreasing; increasing D. decreasing; decreasing
Earnings differentials cannot be explained at all by differences in productivity
a. True b. False Indicate whether the statement is true or false