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:

Appetite Suppression

The decrease in the desire to eat, potentially due to psychological factors, physiological mechanisms, or external substances.

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring, a key mechanism of evolution described by Charles Darwin.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.

Allele

A variant form of a gene at a particular location on a chromosome that controls a specific trait.