The term "future value"
A. can be determined by inverting the formula for present value.
B. is not used in modern public finance analysis.
C. refers to the present value of future money.
D. includes the shadow prices of all goods used in a project.
A. can be determined by inverting the formula for present value.
You might also like to view...
The exit of existing firms from an industry will very likely
A. shift the industry supply curve to the left. B. cause the market price to rise. C. eliminate the losses of existing firms in the industry. D. All of the responses are correct.
As long as MC > $0, TC will rise as a firm expands output.
a. true b. false
Changes in the macroeconomy, such as an increase in average per person income, can have effects at the microeconomic level, for example, on the profitability of firms in a particular industry
Indicate whether the statement is true or false
A criticism of social regulation is that it:
A. Contributes to the growth of natural monopoly B. Increases the rate of innovation in the economy C. Decreases the influence of the Federal government on business D. Results in many unintended and costly side effects