As productivity in the manufacturing sector increases, the service sector must keep pace or it will become more expensive in the long run.
Answer the following statement true (T) or false (F)
True
You might also like to view...
In 2014, South America had a lower average GDP per capita than any other continent
Indicate whether the statement is true or false
Using the seasonal business cycle as your guide, during which quarter would you be most likely to expect an increase in your corporation's sales?
A) The first quarter of the year (January-March) B) The second quarter of the year (April-June) C) The third quarter of the year (July-September) D) The fourth quarter of the year (October-December)
In general, the lower the price elasticity of demand:
a. the smaller the responsiveness of price to changes in quantity. b. the smaller the responsiveness of quantity to changes in price. c. the larger the responsiveness of price to changes in quantity. d. the larger the responsiveness of quantity to changes in price.
Owning a corporate bond entitles the bondholder to a portion of the firm's profits.
Answer the following statement true (T) or false (F)