Interest rates would __________ if the supply of loanable funds decreased.

Suppose the price of banana rises over time and consumers respond by buying fewer bananas. This situation contributes to which bias in the consumer price index?

a. Substitution bias. b. Transportation bias. c. Quality bias. d. Indexing bias.

Just because a firm can deter entry by a competitor does not mean it will deter entry.

Answer the following statement true (T) or false (F)