In order to increase sales the firm can

a. Increase the reference price for the product
b. Decrease prices
c. Differentiate their product
d. All of the above

d

Economics

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Assume that with existing tax and spending laws, government spending exceeds government tax revenues. To cover the resulting shortfall, the government must:

A) increase consumers' incomes. B) print more money. C) Borrow money in the financial markets. D) lower interest rates.

Economics

________ is (are) the endogenous variable(s) in the Phillips curve

A) Expected inflation B) Inflation C) The natural rate of unemployment D) all of the above E) none of the above

Economics