Inferior goods are always substandard.

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


False

Economics

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When there is an expansionary gap, inflation will ________, in response to which the Federal Reserve will ________ real interest rates, and output will ________.

A. decline; lower; expand B. increase; raise; decline C. decline; lower; decline D. decline; raise; decline

Economics

Unanticipated increase in inflation transfers wealth from the borrower, who pays the pre-decided rate of interest to the lender

Indicate whether the statement is true or false

Economics

A dividend is the net income stockholders receive from the corporation

Indicate whether the statement is true or false

Economics

What is the largest market share held by an individual firm in the Sanitary Paper Product Manufacturing industry?



a. 25 percent
b. 27.2 percent
c. 35.5 percent
d. 92.7 percent

Economics