Revisions in the interest rate target
a. occur on a daily basis
b. have widespread impacts on the financial markets
c. require Congressional approval
d. are based solely on data gathered in previous quarters
e. are a no-lose opportunity for the Fed
B
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The practice of setting price by increasing the average costs of production by some percentage is referred to as:
A) average cost pricing. B) percentage pricing. C) rate-of-return pricing. D) markup pricing.
Some grocery stores are now offering customers coupons which entitle them to a discount on certain items on their next visit when they go through the check-out line. This practice is an example of:
A) intertemporal price discrimination. B) third-degree price discrimination. C) a two-part tariff. D) bundling. E) none of the above