Information exchanges operated by sellers are illegal
Indicate whether the statement is true or false
F They may be illegal, but they can follow rules that allow them to operate legally.
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You lend $5,000 to a friend for one year at a nominal interest rate of 10%. Inflation during that year is 5%. As a result, you will receive ________ at the end of the year, but that money has a purchasing power of ________
A) $5,050; $5,025 B) $5,100; $5,050 C) $6,000; $5,500 D) $5,500; $5,250
Growth in the share of population employed in the United States is likely to decline in the future because:
A. an increasing proportion of those currently employed will be retiring. B. increasing female labor force participation is predicted. C. population growth is expected to increase. D. increasing male labor force participation is predicted.