Question

Which of the following statements is true?

a. Deflation is an increase in the general level of prices.
b. The consumer price index (CPI) measures changes in the average prices of consumer goods and services.
c. Disinflation is an increase in the rate of inflation.
d. Real income is the actual number of dollars received over a period of time.

Answer 1

The exclusive right to display a symbol of product identification is known as a trademark, which distinguishes one company's or seller's goods from those of others and can be renewed indefinitely.

Step-by-step explanation:

The exclusive right to display a symbol of product identification is a trademark. A trademark is an identifying symbol or name that represents a company or product, and it distinguishes the goods of one manufacturer or seller from those of others.

Examples of trademarks include the Nike "swoosh," which appears on shoes and athletic gear, the name "Chiquita" for bananas, and the Chevrolet logo for cars. Roughly 6.8 million trademarks were registered with the U.S. government between 2003 and 2019. Unlike a patent, which grants exclusive rights to make, use, or sell an invention for a limited time, a trademark can be renewed continuously as long as it remains in active use.

Multiple choice answer to the student's question: The exclusive right to display a symbol of product identification is b. trademark.