Increases in aggregate demand

A) lead to increases in real interest and unemployment rates if there is considerable excess capacity in the economy.
B) result only in inflation when the economy operates at its maximum productive capacity.
C) may be caused by ever-greater downward pressures on prices and wages if reserve requirements are raised.
D) may be caused by an increase in taxes.
E) increase both inflation and the unemployment rates.

What is the difference between conforming quality and target-oriented quality?

Operation costing is just another name for process costing as both systems trace all production costs to processes or departments.

The purpose of the management process is achieving organizational objectives in an effective and efficient manner.

The first step in the Managing Strategic Sourcing Process is to develop a strategic plan, which includes forming a planning committee with key stakeholders.

Which factor will raise the price of milk?

A) a shift to the right of the supply curve for milk
B) a shift to the right of the demand curve for milk
C) an increase in the number of milk suppliers
D) a decrease in the number of milk buyers