An increase in the interest rate causes the MRP of a resource to fall

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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If a project costs $3,500 today and pays a return of $4,200 next year, what is the highest interest rate at which the project should be undertaken?

A) 7 percent B) 14 percent C) 20 percent D) 70 percent

Economics

The commerce clause strengthened the federal government's interventionist power in industries operating on a national scale

Indicate whether the statement is true or false

Economics