An economic model is a

a. fictional representation of an entire economy.

b. simplified representation of an economic environment.

c. realistic version of an economic environment.

d. detailed version of an economic issue.

A financially-irresponsible person reacts quickly to financial problems before they ruin his credit score. True • False

How does a lender use a credit report?

If an employer doesn't offer retirement plans how else can you save for retirement

Salt Company is considering investing in a new facility to extract and produce salt. The facility will increase revenues by $220,000, but it will also increase annual expenses by $160,000.

The tenet behind the triple bottom line is that:• a firm's return on revenue can be broken down into three ratios; COGS / Revenue, R&D / Revenue, and SG&A / Revenue.

Which of the following statements about job title is accurate? A. People with the same job title always perform the same duties. B. People with the same job title may perform different duties. C. There are only a few job titles per career type. D.

How are mortgage and auto loans similar?

The law of increasing opportunity costs is reflected in a production possibilities curve that is: A. an upsloping straight line. B. a downsloping straight line. C. concave to the origin. D. convex to the origin.

A team was in pursuit to sign a highly sought-after free agent. It gave the player the highest offer of all the teams, and ultimately signed him to a high-paying contract. The player did not live up to expectations during the subsequent season.

In order to test a new customer loyalty program, a supermarket sends an email to its current customers in one of its regions of operation, inviting them to opt into the new program.