According to the text, a scatter diagram is also known as a scattergram

Indicate whether the statement is true or false

TRUE

Business

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With a mint ratio of 15 ounces of silver to 1 ounce of gold and a market ratio of 15.5 ounces of silver to 1 ounce of gold:

a. gold coins should go out of circulation b. silver coins should go out of circulation c. paper money will predominate d. the bimetallic standard will be stable

Business

The figure used by the lender in determining the maximum loan amount to borrow is that

A) purchase price or appraised value, which ever is less. B) appraised value minus the purchase price. C) purchase price. D) assessed value.

Business