A stock holder is part owner of the firm.
Answer the following statement true (T) or false (F)
True
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Which of the following statements about U.S. production is correct?
A. Construction accounts for a larger percentage of total production than does manufacturing. B. Real estate services account for 12.6 percent of the value of total pro-duction, larger than any other item of services or goods. C. Consumption goods and services represent 85 percent of U.S. produc-tion by value and that percentage doesn't fluctuate much. D. The manufacture of goods represents more than 50 percent of total production.
The exchange rate is the:
A. value of one currency expressed in terms of another currency. B. reciprocal of the currency's real value. C. value of one currency expressed in terms of the goods and services it can buy. D. value of currency adjusted for inflation.
In a modern economy, the economic life of every individual is interrelated
a. True b. False Indicate whether the statement is true or false
What are the three components of an interest rate?