Out of all advertising spending, the largest share goes to
A) television ads.
B) false advertising.
C) direct marketing.
D) newspaper ads.
Answer: C
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A fall in the price of farm land and farm prices in the early 1980s caused
a. farmers to borrow more heavily on that land to plant crops b. banks that had lent heavily to farmers to go bankrupt when the farmers were unable to repay their loans c. banks that had lent heavily to farmers to earn extraordinary profit when farmers repaid loans faster than usual d. banks to increase their loans to farmers until the price of farm land increased e. banks and farmers to get together to renegotiate their loans until the price of land and goods increased
As the Fed increased the volume of loans to financial institutions in response to the 2008 financial crisis, this resulted in
a. a vast increase in the monetary base and the excess reserves of the commercial banking system. b. a substantial increase in short term interest rates. c. a sharp decrease in the monetary base and a contraction in the excess reserves of the commercial banking system. d. an increase in the volume of loans extended by commercial banks and a sharp increase in the inflation rate.
The proliferation of new products that we are used to today has been occurring since the advent of the Industrial Revolution.
Answer the following statement true (T) or false (F)
If there is an expectation that the price of a good will increase in the next month, this would immediately
A. move its supply curve to the left. B. move its supply curve to the right. C. cause a movement along the supply curve to a (higher price, higher quantity) point. D. cause a movement along the supply curve to a (lower price, lower quantity) point.