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
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In terms of life expectancy and infant mortality, other OECD nations are able to generate superior health care outcomes with fewer resources relative to the United States
Indicate whether the statement is true or false
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
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.
The best combination of inputs at one level of production may not be best at other levels.
Answer the following statement true (T) or false (F)