Which statement is true?
A. Mass production can take place without mass consumption.
B. Mass consumption can take place without mass production.
C. Mass production can take place without mass consumption and mass consumption can take place without mass production.
D. Mass production cannot take place without mass consumption, nor can mass consumption take place without mass production.
D. Mass production cannot take place without mass consumption, nor can mass consumption take place without mass production.
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If a firm produces components of its goods and services in other countries, it is said to be outsourcing
Indicate whether the statement is true or false
Of the following, which would be the last choice for a bank facing a reserve deficiency?
A) Call in loans. B) Borrow from the Fed. C) Sell securities. D) Borrow from other banks.