If the annual interest rate is 5% (.05), the price of a six-month Treasury bill would be:
A. $97.59
B. $95.25
C. $95.00
D. $97.50
Answer: A
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Immigration accounts for what percentage of the annual growth in the U.S. labor force in recent years?
A. About 10 percent B. About 25 percent C. About 33 percent D. About 50 percent
When a third string NFL quarterback earns more than a police officer, society answers the ________ question
A) for whom B) what C) how D) why E) social interest vs. self-interest
Dave recently began running his father's farm. Last year he took in $15,000 in sales revenue and paid $10,200 in out-of-pocket costs. He made an economic loss last year:
a. if his implicit costs were $3000. b. if his implicit costs were $4000. c. if his implicit costs were $5000. d. In none of the above cases.
Closed shops are shops that are closed to union members
Indicate whether the statement is true or false