Refer to Figure 4.7. An equilibrium occurs when how many students ask for points?
A) 0
B) between 5 and 6
C) 12
D) all of the above
B
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An increase in the rate of depreciation is associated with ________
A) a decrease in the rate of productivity B) a decrease in gross investment C) a decrease in net investment D) an increase in net investment
Which of the following is NOT a determinant of demand?
A) consumers' incomes B) prices of other goods C) consumers' tastes D) production technology
Two years ago Darryl put $3,000 into an account paying 3 percent interest. How much does he have in the account today?
a. $3,180.00 b. $3,182.70 c. $3,183.62 d. None of the above are correct to the nearest cent.
Suppose the average interest rate on euro bonds is 4%, and the average interest rate on U.S. dollar bonds is 6%. Which should the investor choose?
a. neither-bonds have high default rates. b. both-an investor will choose some euro bonds and some U.S. bonds to diversify. c. the euro bond because their economies are usually more stable. d. It is not possible to answer without information on exchange rates.