Suppose the equilibrium price and equilibrium quantity of gold both decrease. Which of the following would produce such a change? A. The market supply curve for gold could have decreased or the market demand curve for gold could have decreased. B. The market supply curve for gold could have decreased or the market demand curve for gold could have increased. C. The market supply curve for gold could have increased. D. The market demand curve for gold could have decreased. E. The market demand curve for gold could have increased.

Which of the following best describes how the federal reserve bank banks during a bank run? a. the federal reserve bank has the power to take over a private bank if customers demand too many withdrawals. b. the federal reserve bank can provide a short-term loan to banks to prevent them from running out of money. c. the federal reserve bank regulates exchanges to prevent the demand for withdrawals from rising above the required reserve ratio. d. the federal reserve bank acts as an insurance company that pays customers if their bank fails. 2b2t

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

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