When a consumer must take some sort of additional action to receive a lower price, the consumer is being subjected to:
A. the "hurdle" method of price discrimination.
B. the "rebate and wait" method of price discrimination.
C. perfect price discrimination.
D. "bait and switch" sales tactics.
Answer: A
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In the mid- to late 1980s, the United States had "twin deficits" because both ________ and ________ were negative
A) government saving; private saving B) saving; investment C) the current account; investment D) government saving; the current account
In the above figure, what is the opportunity cost of one bushel of corn?
A) 1 bushel of soybeans B) 0.5 bushel of soybeans C) 2 bushels of soybeans D) unable to determine
A reserve requirement of 20 percent implies a potential money deposit multiplier of
a. 4. b. 5. c. 20. d. 25.
Stabilization policies are policies designed to:
A. keep output constant. B. keep prices constant. C. move the economy closer to potential output. D. increase trade.