Which of the Following Is False

question 47

Multiple Choice

Which of the following is false?

• A)​Tangible goods are inherently more valuable than intangible goods.
• B)​Scarcity forces people to compete.
• C)​The elimination of a bad can be considered a good.
• D)​None of the above is false; all are true.

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Definitions:

Real Interest Rate

The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true return on savings.

Nominal Interest Rate

The interest rate before adjustments for inflation, representing the face value of financial transactions.

Inflation Rate

The rise in the average cost of goods and services within an economy over a specific period, expressed as a percentage.

Present Value

The current valuation of a prospective sum of money or cash flow series, factoring in a designated rate of return.