The growth rate of real computer investment ________ between 1987-95 and 1996-2000
A) fell from 18% to 5%
B) fell from 34% to 7%
C) rose from 3% to 22%
D) rose from 21% to 35%.
D
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A car rental company will earn a net income of $6,000 per year on a new car for the first three years of its life. After three years, the car will be worthless. If the interest rate is 10 percent (0.10) per ear, what is the present value of the car to the car rental company? (Assume that each year's income is received at the end of the year.)
a. $16,413.22 b. $14,921.11 c. $18,000.00 d. $16,363.62 e. $13,523.67
Although the government incurred sizable deficits for most of the past 25 years, it has managed to stay solvent by borrowing
Indicate whether the statement is true or false
Agricultural subsidies are generally
A. popular with politicians and unpopular with economists. B. popular with economists and unpopular with politicians. C. popular with politicians and economists. D. unpopular with politicians and economists.
If the marginal propensity to save is 0.2, what is the expenditure multiplier?
a. 0.8 b. 1.2 c. 2 d. 5