If an asset has a present value of $50 and appreciates at an interest rate of 4%, what is the asset's future value in 47 compounding periods?
A) Approximately $400
B) Approximately $316
C) Approximately $137
D) Approximately $1143
B
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A commercial bank's main goal is to
A) provide loans to its customers. B) maximize the wealth of its stockholders. C) lend money to the Federal Reserve Banks. D) open checking accounts. E) help the government when it needs money.
To enforce the optimum level of emissions a government could set an emissions standard at the quantity
A) where the MSB curve crosses the MCA curve. B) located at the vertical intercept of the MSB curve. C) located at the horizontal intercept of the MSB curve. D) located at the vertical intercept of the MCA curve. E) located at the horizontal intercept of the MCA curve.
Which of the following would shift the aggregate demand curve to the right?
a. Increases in government purchases, investment spending, autonomous consumption, taxes, or the money supply b. Increases in government purchases, investment spending, autonomous consumption, or the money supply c. Decreases in government purchases, investment spending, autonomous consumption, taxes, or the money supply d. Increases in government purchases, investment spending, autonomous consumption or taxes e. Decreases in government purchases or investment spending, and increases in autonomous consumption, taxes, or the money supply
The demand curve for a monopolistic competitor is likely to be steeper than that of a monopolist
a. True b. False Indicate whether the statement is true or false