Examlex

Solved

Utility Refers to the Amount of Satisfaction a Person Gets

question 117

True/False

Utility refers to the amount of satisfaction a person gets from buying certain items.


Definitions:

Holding-Period Return

The return on an investment over the period it is held.

Dividend

A portion of a company's earnings that is paid to shareholders, usually on a quarterly basis.

Nominal Rate of Interest

The rate of interest before adjustments for inflation, reflecting the face-value rate of interest paid on a loan or received from an investment.

Inflation Rate

The percentage increase in the price level of goods and services in an economy over a period of time.

Related Questions