Which of the Following Statements Is False

question 56

Multiple Choice

Which of the following statements is false?

• A)Interest would not exist in a barter (moneyless) economy because there is no money in a barter economy.
• B)The real interest rate is equal to the nominal interest rate minus the expected inflation rate.
• C)The source of monopoly profits is often high barriers to entry.
• D)The nominal interest rate will equal the real interest rate only when the expected inflation rate is zero.

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Definitions:

Duty To Render

The legal or ethical obligation to provide a certain level of care or service, especially in professional or emergency situations.

Peril To Herself

Refers to someone being in a situation or engaging in behavior that poses a significant risk of harm to their own well-being.

Proximate Cause

A principle in the law of negligence that determines whether the harm or injury suffered by the plaintiff was a foreseeable consequence of the defendant's action or inaction.

Legal Cause

The reason or motive for some action under law, often referring to the grounds for litigation or the principle reasons behind legal action.