Favored customers receive special treatment from dealers during periods of excess demand.

Answer the following statement true (T) or false (F)


True

Economics

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Suppose First National Bank has $200 million of assets and $20 million of equity capital

If First National has a 2% return on assets (ROA), what is its return on equity (ROE)? Suppose First National's equity capital declines to $10 million, while its assets and ROA are unchanged. What is First National's ROE now?

Economics

A decrease in the price level will result in:

a. a downward shift of the AD curve. b. an upward shift of the AD curve. c. a movement up the AD curve. d. a steeper slope of the AD curve. e. a movement down the AD curve.

Economics

The national debt

a. is currently greater than the annual federal deficit b. is reduced by the revenue generated from the federal deficit c. decreases as the deficit is reduced d. is a flow variable e. varies depending on developments in the stock market

Economics

Which of the following is an example of a factor of production?

a. rent b. interest c. land d. Social Security payments

Economics