If the value of an environmental benefit realized two years from todayis $970.20, and the annual rate of return is 5 percent, then its present discounted value is
a. $924 b. $880 c. $1,018.71 d. $1069.65
b. $880
You might also like to view...
As the real wage decreases, the quantity of labor demanded ________ and the quantity of labor supplied ________.
A. increases; increases B. decreases; decreases C. decreases; increases D. increases; decreases
A major disadvantage of a corporation is
a. its weakness at raising funds. b. its inability to limit the financial liability of the owners. c. the double taxation of its profits. d. its lack of continuity in the event of a stockholder’s death.
All of the following are examples of physical capital EXCEPT
A) buildings. B) machinery. C) company stocks and bonds. D) a hydroelectric power plant.
The major problem with running a functionally organized firm is
a. Measuring divisions' performance b. Tying pay to performance c. Ensuring that the functional divisions are working towards a common goal d. All of the above