What amortization payment would you need to make each year, at 12% interest compounded annually, to pay off a loan of $4,000 in 6 years? (Use Table 12-2 from your text)
A) $477.11
B) $486.45
C) $972.90
D) $954.22
C
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The argument that a change in policy systematically alters the structure of econometric models is known as the
A. Keynesian cross. B. cross-equation restriction. C. Lucas critique. D. endogeneity principle.
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Of six letters (A, B, C, D, E, and F), two letters are to be selected at random. How many outcomes are possible?
A. 30 B. 11 C. 6! D. 15
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What law prohibits mergers that are anti-competitive?
a. Sherman Act. b. Clayton Act. c. Robinson-Patman Act. d. Radmon Act.
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What does SIC stand for?
a. socio income class b. special individual category c. social inequality cause d. seller’s insurance class e. standard industry classification
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