A consumer purchases just two goods: X and Y. If the price of one good X rises, the consumer buys less of good X and the same amount of good Y
Indicate whether the statement is true or false
F
Economics
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Discounting is the process of
a. cutting prices to get rid of surplus stocks. b. finding the present value of future dollars. c. finding the future value of present dollars. d. giving special concessions to special customers.
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Are credit cards money? Explain.
What will be an ideal response?
Economics