Related diversification occurs when
A. a business serves itself first before serving others.
B. a business serves itself and many other common businesses.
C. a business serves others first before serving itself.
D. a business serves itself and allows others to serve it.
Answer: B
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The IS curve depicts the relationship between
A) aggregate output and the real interest rate. B) investment demand and the real interest rate. C) investment demand and the level of current output. D) national saving and the level of current output.
A repeated cross-sectional data set is
A) a collection of cross-sectional data sets, where each cross-sectional data set corresponds to a different time period. B) the same as a balanced panel data set. C) what Card and Krueger used in their study of the effect of minimum wages on teenage employment. D) time series.