Because of the large number of firms that operate in the agricultural industry, the supply of agricultural products is inelastic over the entire range of output

At a recent company meeting, Geraldine Erwin, sales manager of Dastoria, a flavored-beverage producer announced, "We have increased our sales by 8 percent in just six months"

Suppose six months ago, its sales amounted to $452,000, what is the value of its sales today? A) $36,160 B) $415,840 C) $488,160 D) $565,000

With perfect asset substitutability and capital mobility the domestic interest rate is equal to the foreign rate

Indicate whether the statement is true or false