The Customer List contains information about:
a. The quantity of non-inventory parts on hand
b. The credit rating of the vendors
c. Vendors from whom the company buys products and services
d. Customer addresses, contacts and phone numbers
d. Customer addresses, contacts and phone numbers
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Restricting demand will lower inflation but
A. aggravate the unemployment problem. B. reduce the unemployment rate. C. have no impact on the unemployment rate. D. None of the above is correct.
Suppose that the CPI in 1990 was 150, that the inflation rate in 1991 was 6%, and that the inflation rate in 1992 was 4%. What was the CPI in 1991 and 1992?
A consumer is buying the optimal amount of goods when
A. the marginal utility from the purchases of all the goods purchased is the same. B. the total utility from the purchases on all the goods purchased is the same. C. the marginal utility from the purchases of all the goods is equal to 1. D. the marginal utility per last dollar spent on all of the goods purchased is the same.
If the nominal interest rate in an economy is 6%, and the rate of inflation in the economy is 4%, the real interest rate in the economy is:
A) 2%. B) 24%. C) 1.5%. D) 10%.