If the interest rate is 5 percent, what is the present value of $10 received one year from now?
A. $9.77
B. $10.05
C. $9.50
D. $9.52
Answer: D
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As a result of the large surpluses following the Clinton Administration, what did President George W. Bush do in 2001, which reduced the surplus?
A) lowered the interest rate to stimulate spending B) increased government spending C) made substantial cuts in taxes D) raised the interest rate to reduce spending
Describe the effects of a rise in the domestic real interest rate on the exchange rate and on both domestic and foreign net exports
What will be an ideal response?
If a bank receives a new checkable deposit of $10,000 . and the required reserve ratio is 20 percent, then the bank can lend out:
a. $2,000. b. $10,000. c. $40,000. d. $8,000. e. $0.
The limits to the production of any good are reflected in the:
a) Capacity curve. b) Production function. c) Demand curve. d) Law of demand.