Ramona has decided that she will only purchase a one-year Treasury bill with a face value of $15,000 if she receives an interest rate of 4.125%. How much will Ramona end up paying for this Treasury bill?

A) $12,447.66
B) $14,381.25
C) $14,405.76
D) $15,618.75


C

Economics

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M2 consists of

A) M1 plus currency at the banks. B) M1 plus Federal Reserve notes. C) M1 plus checkable deposits. D) M1 plus saving deposits, small time deposits, and money market funds. E) M1 plus traveler's checks.

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Refer to Scenario 13.1. At your negotiated price the producer surplus is:

A) $0. B) $50. C) $200. D) $250. E) $300.

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Where does semen go immediately after passing through the ejaculatory ducts?

A. Epididymis B. Outside the body C. Urethra D. Vas deferens

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The amount of time it takes Congress to debate the size of a tax cut is known as the

A) recognition time lag. B) action time lag. C) effect time lag. D) Ricardian-equivalence time lag.

Economics