A Nominal Measure Can Have Only Two Categories

question 91

True/False

A nominal measure can have only two categories.

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Definitions:

Lower Interest Rates

Reduced rates at which interest is charged on borrowed funds, typically intended to stimulate economic growth by making borrowing cheaper.

Stock Market

A marketplace where shares of public companies are traded, determining the market value of these companies.

Future Income

The expected earnings or revenue of an individual, entity, or country in the coming period.

Stock Market

A public market for the trading of company stocks and other securities, often considered a reflection of the economic strength of a country.