Acompetitive advantage exists when a a. firm matches a core competency to opportunities it has discovered in the marketplace. b. firm does marketing better than its competitors. c. combination of circumstances and timing allow a firm to reach an attractive target market. d. firm observes a fit between the key requirements of a market and its own capabilities. e. firm has a strong marketing plan.

Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?

An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.