The fact that a person with a forceful and persuasive personality but not necessarily the greatest amount of knowledge and judgment can exercise a disproportionate amount of influence is a major drawback of
A) the Delphi method of forecasting.
B) the market research method.
C) opinion polling.
D) the jury of executive opinion approach.
D
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Why do people often tend to take risks if they are insured?
What will be an ideal response?
If the demand for labor is unchanged, an increase in the supply of labor will lead to
A) a decrease in the quantity of labor demanded and a decrease in the equilibrium wage. B) a decrease in the quantity of labor demanded and an increase in the equilibrium wage. C) an increase in the quantity of labor demanded and an increase in the equilibrium wage. D) an increase in the quantity of labor demanded and a decrease in the equilibrium wage.
There is virtually no difference between
A. primary reserves and secondary reserves. B. secondary reserves and required reserves. C. required reserves and primary reserves.
Which of the following would reduce the money supply?
A. Commercial banks use excess reserves to buy government bonds from the public. B. Commercial banks loan out excess reserves. C. Commercial banks sell government bonds to the public. D. A check clears from Bank A to Bank B.