Supplier power tends to be low when
a. The supplier provides non-critical inputs
b. The supplier provides homogenous inputs
c. Both A&B
d. None of the above
c
Economics
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In January 2013, you can put your savings in a Bank of America account and be paid 2 percent per year. During 2013, suppose the inflation rate is 3.4 percent. In 2013 you earned a real interest rate of
A) 0.59 percent. B) 6.8 percent. C) 1.4 percent. D) -1.4 percent.
Economics
Macroeconomics is the study of
a. how wages are determined in a specific labor market b. how to use the fewest natural resources to produce public goods c. what is happening in the economy as a whole d. how consumers and producers interact in individual markets e. the price and the quantity exchanged in a market
Economics