Refer to the scenario above. What is the future value of John's deposit after three years?
A) $2,590.06
B) $2,660.32
C) $2,708.08
D) $2,990.54
A
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Threats to in internal validity lead to
A) perfect multicollinearity B) the inability to transfer data sets into your statistical package C) failures of one or more of the least squares assumptions D) a false generalization to the population of interest
Everything that consumers purchase during a period is included as part of consumption when calculating GDP
a. True b. False
Which of the following would tell us that resources are NOT flowing to their highest valued uses?
A) short-run economic profits B) short-run economic losses C) long-run economic profits D) Some firms are just breaking even.
Which of the following changes to the market in the graph shown could cause the price floor to become non-binding?
A. Supply could increase, and shift to the left. B. Supply could increase, and shift to the right. C. Demand could decrease, and shift to the left. D. Supply could decrease, and shift to the left.