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Sarah Owns a Hair Styling Salon

Question 219

True/False

Sarah owns a hair styling salon.She needs to update her shop with new customer chairs and work stations.If the Fed were to lower interest rates by 1.5 percentage points,at the same time that the government increased the tax rate by 1.5%,she could immediately determine that updating her shop would not increase or decrease her financial position.
Level of Learning 3: Application of principles

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