case of a recession, the Federal Reserve (Central Bank) to stimulate demand and the economy, it may   a. Increase infrastructure spending by building bridges and highways   b. Reduce taxes   c. Lower interest rates   d. Raise interest rates

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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QUESTION 26

  1. In the case of a recession, the Federal Reserve (Central Bank) to stimulate demand and the economy, it may
 

a.

Increase infrastructure spending by building bridges and highways

 

b.

Reduce taxes

 

c.

Lower interest rates

 

d.

Raise interest rates

 

QUESTION 27

  1. About 70% of Coca Cola revenues and profits come from sales outside the US. Therefore as the US currency loses value relative to the other main international currencies like the Japanese yen, euro, British pound, Korean won and as Coca Cola sales revenues and profits increase overseas then most likely
 

a.

Coca Cola profit denominated in American dollars decreases

 

b.

Coca Cola profit denominated in American dollars increases

 

 

c.

Coca Cola profit denominated in foreign currencies decreases

 

 

d.

None of the above

QUESTION 28

  1. According to Engel’s Law, if a family income rises from $500 to $700, then we expect that approximately
 

a.

money spent on recreation and education may increase from $125 to $250

 

b.

money spent on clothing and household operation may decrease from $250 to $225

 

c.

money spent on food items may increase from $125 to $225

 

d.

all of the above

 

QUESTION 29

  1. During the 2020 coronavirus emergency, Pfizer pharmaceutical introduced its vaccine for the virus. The technology associated with the virus vaccine is an example of a
 

a.

Patent

 

b.

Trademark

 

c.

Copyright

 

d.

Brand name

 

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