QUESTION 20 To assess whether inflation is going up or going down, economists look at changes in (select one): GDP level of unemployment CPI building permits QUESTION 21 Ultimately, the goal of any business is to satisfy the needs of its______ employees owners customers creditors QUESTION 22 Under a system characterized by competition, there are many consumers buying a standardized product from numerous small businesses monopolistic oligopolistic perfect/pure entrepreneurial

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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QUESTION 20
To assess whether inflation is going up or going down, economists look at changes in (select one):
GDP
level of unemployment
CPI
building permits
QUESTION 21
Ultimately, the goal of any business is to satisfy the needs of its
employees
owners
customers
creditors
QUESTION 22
Under a system characterized by.
monopolistic
oligopolistic
perfect/pure
entrepreneurial
competition, there are many consumers buying a standardized product from numerous small businesses.
Transcribed Image Text:QUESTION 20 To assess whether inflation is going up or going down, economists look at changes in (select one): GDP level of unemployment CPI building permits QUESTION 21 Ultimately, the goal of any business is to satisfy the needs of its employees owners customers creditors QUESTION 22 Under a system characterized by. monopolistic oligopolistic perfect/pure entrepreneurial competition, there are many consumers buying a standardized product from numerous small businesses.
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