True or False 1. For any economy study based on our discussions, it is always necessary to determine the profit to evaluate the better/best alternative. 2. If simple interest is evaluated, then the...

True or False

1. For any economy study based on our discussions, it is always necessary to determine the profit to evaluate the
better/best alternative.
2. If simple interest is evaluated, then the interest obtained will always be directly proportional to the number of years assuming that a constant interest rate is used throughout these years.