Marge is a tattoo artist. Tattoo artists in Marge's state are required to hold a license. The purpose of the license is to protect the public. Marge does not have a license. Any tattoo contracts that Marge enters into will be illegal and unenforceable

Indicate whether the statement is true or false


true

Business

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An equation that relates the interest rate to the output gap and the inflation rate is

A. the Phillips relation. B. the Sharpe ratio. C. Okun's law. D. the Taylor rule.

Business

The market interest rate is also called the face interest rate

Indicate whether the statement is true or false

Business

The point at which the total cost line intersects with the total revenue line is the breakeven point

Indicate whether the statement is true or false

Business

If a company does not update the inventory and cost of goods sold accounts during the period, it means company is using:

A) the periodic inventory system. B) the perpetual inventory system. C) both the periodic and the perpetual inventory system. D) neither the periodic nor the perpetual inventory system.

Business