If the mortgage-tilt problem does not exist in an economy, it implies that the _____ rate in the economy is zero percent.

A. inflation
B. unemployment
C. interest
D. average tax


Answer: A

Business

You might also like to view...

Unamortized Bond Discount is a contra-liability account

Indicate whether the statement is true or false

Business

All projects are promised in terms of the specific functionality or performance criteria they will meet. The key feature of the contractual documentation that specifies this functionality or criteria is the:

A) Contractual requirements. B) Valid consideration. C) Contracted terms. D) Contractual performance.

Business

Off Road Concepts, Inc produces a special kind of light-weight, recreational vehicle that has a unique design

It allows the company to follow a cost-plus pricing strategy. It has $9,000,000 of average assets, and the desired profit is a 7% return on assets. Assume all products produced are sold. Additional data are as follows: Sales volume 2,000 units per year Variable costs $1,000 per unit Fixed costs $3,500,000 per year Using the cost-plus pricing approach, what should be the sales price per unit? A) $3,065 B) $8,000 C) $1,070 D) $1,000

Business

Courts usually rule in favor of individuals who claimed to be intoxicated at the time of entering into a contract

Indicate whether the statement is true or false

Business