A(n) ____ may offer products that are either differentiated or identical

People often complain bitterly when they learn that CEOs of non-profit companies like the United Way or the Red Cross earn salaries commensurate to what could be earned in by CEOs employed by for-profit companies? Is this complaint valid? Explain

What will be an ideal response?

"Last month unemployment fell to 4 percent, its lowest level in years. The economy is growing rapidly, but consumer prices have risen at an annual rate of 10 percent during the last six months." Which of the following policies would be most appropriate under these circumstances?

a. An increase in both government spending and taxes. b. An increase in taxes. c. A reduction in taxes. d. An increase in government spending.