Which element of economics focuses on the "demand" side?
A) product development
B) production
C) consumption
D) distribution
E) marketing
Answer: C
Explanation: C) Buyers, or consumers, demand products and services.
Business
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Common law is primarily based on ________
A) actions taken by government legislatures B) the cumulative wisdom of judges' decisions on individual cases through history C) a codification of what is and is not permissible D) the officially established rules governing the faith and practice of a particular religion
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A bond with default risk will always have a ________ risk premium, and an increase in its default risk will raise the risk premium
A) positive B) negative C) unpredictable D) minimal
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