Suppose the economy is in a liquidity trap. True or false. A monetary contraction will not have any effect on the nominal interest rate, though a monetary expansion may have an effect on the nominal interest rate.

Franchisor supplies all of the following except Answer a. land to place the 4 on. b. the name of the shop. c. the methods of doing 4. d. any necessary training

What is a product's life cycle? О А. the course of a product's sales during its lifespan B. the correct use of the marketing mix OC. the length of time of a product's life OD an outline that each product follows

If the demand for a product declines, what happens to the price of the product?

Distinguish between the benefiets of traditional banking amd the benefiets of online banking

If the multiplier is 4 and there are no taxes, and government spending increases by $100 billion, real gdp will:

What is a variable expense? A. An expense that is the same during some months, and different during other months. B. An expense that is the same from month to month. C. An expense that is different from month to month. D. None of the above.

Calculator Santorino Company produces two models of a component, Model K-3 and Model P-4. The unit contribution margin for Model K-3 is $6; the unit contribution margin for Model P-4 is $14. Each model must spend time on a special machine.

If US workers can produce everything in less time than Mexican workers, it is not possible for the US to gain from trade with Mexico. True/False

A variable cost remains constant per unit at various levels of activity. a. True b. False

A positive economic profit signals that the investors of a firm should divert their funds to alternative ventures. a. True b. False