If a security pays $55 in one year and $133 in three years, its present value is $150 if the interest rate is

A) 5 percent.
B) 10 percent.
C) 12.5 percent.
D) 15 percent.


B

Economics

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Indicate whether the statement is true or false

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Which of the following is the BEST example of a private good?

A) a can of Mountain Dew B) fish in the ocean C) cable television D) national defense

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Which of the following statements best describes the perspective of many mainstream economists?

a. Many mainstream economists take a Keynesian perspective, emphasizing the importance of aggregate demand, for the long run, and a neoclassical perspective, emphasizing the importance of aggregate supply, for the short run. b. Many mainstream economists take a Keynesian perspective, emphasizing the importance of aggregate demand, for the short run, and a neoclassical perspective, emphasizing the importance of aggregate supply, for the long run. c. Many mainstream economists take a neoclassical perspective, emphasizing the importance of aggregate demand, for both the short and long run. d. Many mainstream economists take a Keynesian perspective, emphasizing the importance of aggregate demand, for both the short and long run.

Economics

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Answer the following statement true (T) or false (F)

Economics