Experience goods are products or services
a. that the customer already knows
b. whose performance is highly unusual
c. whose quality is undetectable when purchased
d. not likely to cause repeat purchases
e. all of the above
c
Economics
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A government policy that would reduce the saving rate is
A) eliminating the social security system. B) giving tax breaks to increase the real return that savers receive. C) increasing the government budget surplus by cutting government spending. D) switching the tax system to tax consumption instead of income.
Economics
The International Bank for Reconstruction and Development (IBRD) part of the World Bank is set up to lend to whom and for what types of projects?
What will be an ideal response?
Economics