What does the study of macro-economics concern?
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1 .For supermarkets, ______________ is/are _________ because of their relative size compared to suppliers.Which words, in order, best complete this sentence?
A barriers to entry, high B the threat of substitute products, low C the bargaining power of customers, high D the power of buyers, high
2 .Which list includes Porter’s Generic Strategies?
A Differentiation focus, price focus, cost focus B Cost leadership, cost focus, price leadership C Market leadership, marketing focus, differentiation D Cost leadership, differentiation, niche focus
4 .Which of the following is a list of macro-economic policy objectives?
A Full employment, economic growth, price stability B Balance of payments, interest rates, full employment C price stability, exchange rates, balance of payments D interest rates, limited inflation, full employment
5 .Gross Domestic Product (GDP) is calculated as ______ + ______+_______+_______.Which words correctly complete this sentence?
A Consumption, investment, government spending, net exports B Consumption, savings, investment, government spending C Consumption, investment, taxation, net exports D Consumption, savings, taxation, net exports
