If you knew that an investment was going to pay you $128 in 5 years, and you knew that the annual interest rate over that time would be 5 percent, you could calculate the present value to be:
A. $90.
B. $95.
C. $105.
D. None of these is true.
Answer: D
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Which of the following is a result of a market economy?
A) voluntary exchange B) an equal income distribution C) agreement on equity D) environmental protection
A cartel attempts to increase profits in the industry by limiting the production of each member firm
a. True b. False Indicate whether the statement is true or false
Refer to the figure below. If Mallory and Rick are the only two consumers in this market and the price of soda is $0.75 per can, then what will be the market demand for soda each week? 
A. 50 B. 20 C. 70 D. 30
Freely floating exchange rates are determined by
A. the forces of supply and demand for currencies. B. the government with a trade surplus. C. the government with a trade deficit. D. the IMF.