If Elvira purchases a $10,000 face value one-year Treasury bill for $9,302.33, the interest rate she will receive on the Treasury bill is
A) 1.07%.
B) 6.98%.
C) 7.5%.
D) 9.3%.
C
Economics
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Summarize the relationship between elasticity, price changes, and changes in total revenue
What will be an ideal response?
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Suppose the long-run cost function is C = 3q. What is the cost-output elasticity for this case?
A) 1 B) 3 C) 1/3 D) 2
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Assume the role of a critic of advertising. Describe the characteristics of advertising that reduce the effectiveness of markets and decrease the social welfare of society
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