Refer to the information provided in Figure 23.2 below to answer the question(s) that follow.
Figure 23.2Refer to Figure 23.2. Jerry's saving is positive along the line segment
A. DA.
B. BA.
C. BD.
D. AC.
Answer: D
You might also like to view...
What are automatic stabilizers? How do they affect the budget deficit and/or budget surplus during a recession and during an expansion?
What will be an ideal response?
You are thinking of purchasing a 5-year bond, with a face value of $8,000 . on the secondary bond market. The bond was issued three years ago, so it will mature two years from today. If the interest rate is 10 percent (0.10) per year, what is the value of the bond?
a. $6,611.57 b. $8,000.00 c. $4,967.37 d. $6,010.52 e. $7,272.73
A pizza shop owner needs to buy a pizza oven and is deciding between a new one and a used one. If he buys an older used one it will generate $4,000 of net income for 3 years. If he buys a new one it will generate $5,000 of net income for 4 years. If the
interest rate is 10%, what is the difference in value between the two ovens? (Assume that each year's revenue is received at the end of the year.) a. $793.83 b. $2,577.10 c. $6,252.25 d. $2,777.78 e. $1,000
Examples of Mises' "Planned Chaos"
a. 1970s oil price & allocation regulation b. the planned Soviet economy c. the financial crisis of 2006 d. both a and b e. all of the above