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DSST Things to know_Intro to Business

Which of the following is the main difference between

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30. Which of the following is the main difference between selective advertising and primary demand advertising? (A) Primary demand advertising is designed to enhance a firm’s image. (B) Selective advertising is designed to sell a particular product brand.
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(C) Primary demand advertising is designed to sell a particular product brand. (D) Selective advertising is usually based on a scientific study. 31. Which of the following is NOT an advantage of advertising in a newspaper? 32. A salesman whose company requires the salesman to buy merchandise from the company and then resell it to the public is best described as 33. Which of the following is NOT an advantage to retailers provided by wholesalers? 34. Assuming that rapid economic expansion will cause recessions, while slow expansion will not, which of the following would the Federal Reserve Board elect to do if they detected that the economy was expanding rapidly? (A) Increase the M1 supply of money (B) Lower the discount rate (C) Raise the discount rate (D) Encourage deposit expansion 35. Which of the following is NOT a primary function of money? 36. Chris has an account balance of $347,500 in an FDIC member bank when the bank owner takes all the money from the accounts and flees the country. For which of the following amounts has the FDIC insured Chris’s account? 37. People from regions of economic uncertainty may want to invest their local currency in U.S. dollars. A reason for doing this is that the U.S. dollar demonstrates which of the following attributes? 38. Which of the following is the major difference between common and preferred stock? (A) Preferred stock carries voting rights.
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(B) Common stock receives interest. (C) Preferred stock represents ownership. (D) Common stock shares in capital gains. 39. A potential investor finds that a firm’s return on owner’s equity is very high. Which of the following financial strategies might the firm be employing?
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