Dividing a market into distinct groups of buyers who have different needs, characteristics, or behaviors, and who might require separate products or marketing programs is known as market diversification

Which of the following is true of monetary contraction in a fixed exchange rate system?

A. It requires low interest rates. B. It increases the demand for money. C. It puts downward pressure on a fixed exchange rate. D. It leads to an inflow of money from abroad. E. It can lead to high price inflation.

A bond's yield to maturity is the annualized percentage return of both interest and capital gains or losses if the bond were held until it matured

Indicate whether the statement is true or false.