Businesses will want to borrow more funds as the real rate of interest decreases

Compared to the magnitude of the multiplier in an economy without imports, the multiplier in an identical economy with imports is

A) larger only if exports exceed imports. B) smaller only if imports exceed exports. C) always larger. D) exactly the same. E) always smaller.

According to the text, many firms who adopt TQM find that

A) the firm increases sales and profits. B) quality is costly. C) quality is free. D) quality increases market share. E) customers do not care about quality.