A) Which of the following is most true? Agents and brokers:

Typically represent 1 or 2 manufacturers.

Frequently will work on a cash and carry basis only.

Are found mostly in medical, insurance, steel and food industries.

Will not usually inspect manufacturers inventory carefully before dispatch.

B)

If the nominal rate of interest is 3% and the real rate of interest is 2%, which of the following is true:

Group of answer choices

Inflation is 5%

Deflation is 5%

Deflation is 1%

Inflation is 1%