Alma recently purchased a Mexican restaurant for $450,000 from which she expects to earn a monthly profit of $1,500. Her expected annual rate of return is:
A. 4 percent
B. 6 percent
C. 8 percent
D. 10 percent
A. 4 percent
Economics
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In the loanable funds market, if the interest rate is above the equilibrium level
A) there is a shortage of loanable funds. B) there is a surplus of loanable funds. C) expected profit falls. D) government expenditure decreases.
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The demand for the services of labor ________ a derived demand and the demand for the services of land ________ a derived demand
A) is; is B) is; is not C) is not; is D) is not; is not
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The Second Bank of the United States was deemed unconstitutional and, therefore, its charter was not renewed
Indicate whether the statement is true or false
Economics
What is the Term Auction Facility?
Economics