Other things equal, the greater the interest rate:
A. the higher the NPV.
B. the higher the PV.
C. the lower the NPV.
D. None of the statements associated with this question are correct.
Answer: C
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Because consumer loans are rather __________, they have been relatively __________ to securitize
A) standardized; easy B) standardized; difficult C) not standardized; easy D) not standardized; difficult
Computer programs or software are an example of:
a. land. b. labor. c. capital. d. none of these.
Which of the following statements is not correct?
a. Monopolistic competition is similar to monopoly because in each market structure the firm can charge a price above marginal costs. b. Monopolistic competition is similar to perfect competition because both market structures are characterized by free entry. c. Monopolistic competition is similar to oligopoly because both market structures are characterized by barriers to entry. d. Monopolistic competition is similar to perfect competition because both market structures are characterized by many sellers.
Refer to the accompanying table. The marginal utility of the 3rd dinner is:Number of DinnersOut Per WeekTotal UtilityMarginal Utility1100 2 753235 4250
A. 160. B. 60. C. 75. D. 135.