Which of the following is a key benefit of leasing?

A) You do not have to fill out a credit application.
B) You do not have to maintain the car since you do not own it.
C) You are able to drive a more expensive car for the same monthly payment versus buying.
D) A, B and C are all correct.

Answer: C

Business

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For years, Mercedes-Benz utilized a ________ pricing strategy; however, this created an opportunity for Toyota to introduce its luxury Lexus line and undercut Mercedes

A) gray market B) skimming C) penetration D) market holding E) cost-based

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Last year Ann Heuser's the rate of increase in her nominal income was equal to the rate of inflation; therefore, her real income remained unchanged

Indicate whether the statement is true or false

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