A ________ is a type of payment card where the balance is supposed to be paid in full upon receipt of the monthly statement

If A is an inferior good and consumer income rises, the demand for A:

a) increases and the equilibrium price rises but the equilibrium quantity decreases. b) increases and the equilibrium price and the equilibrium quantity increase. c) decreases and the equilibrium price and the equilibrium quantity decrease. d) decreases and the equilibrium price falls but the equilibrium quantity increases. e) decreases and the equilibrium price rises; as a result, the equilibrium quantity decreases.

Which of the following is not a component of the global retail development index?

a. market attractiveness b. market saturation c. country risk d. growth in Gross Domestic Product (GDP)