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Would frozen vegetables be considered a normal or inferior good?
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True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false
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Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?
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Would frozen vegetables be considered a normal or inferior good?...
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