Real interest rate equals the inflation rate minus the nominal interest rate

When setting prices, the monopolist may choose to charge alternative customers different prices based on: a. geographical location. b. age

c. income. d. all of the above

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

1) In the United States since 1975, the poor have gotten poorer and the rich have gotten richer in both relative and absolute terms. 2) The top 20 percent of U.S. income earners receive nearly 80 percent of total U.S. income. 3) Currently over 90 percent of all workers in the United States are covered by Social Security. 4) Unemployment compensation is financed by taxes levied on employers. 5) TANF stands for Temporary Assistance for Needy Families.