Refer to the table below. What is the value of A plus B plus C (A + B + C) or the present value of the first three payments?
The above table shows a 5 year payment plan. Each payment is made at the end of the year, so after one year, a payment of $1,000 is made, after two years another payment of $1,500 is made and so on. The interest rate is 3 percent.
A) $4,215.05
B) $4,100.50
C) $4,426.89
D) $3,998.
A) $4,215.05
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The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________.
A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A
Refer to Scenario 25-2. As a result of Kristy's deposit, checking account deposits in the banking system as a whole (including the original deposit) could eventually increase up to a maximum of
A) $8,000. B) $10,000. C) $50,000. D) $100,000.
Over a twenty-five year period, about half of the merger acquisitions are split up
Indicate whether the statement is true or false
Other things being equal, a depreciation of the dollar
A. decreases aggregate demand in the United States, and may increase aggregate supply by reducing the prices of imported resources. B. decreases aggregate demand in the United States, and may decrease aggregate supply by increasing the prices of imported resources. C. increases aggregate demand in the United States, and may decrease aggregate supply by increasing the prices of imported resources. D. increases aggregate demand in the United States, and may increase aggregate supply by reducing the prices of imported resources.