Strategic voting can reduce the power of someone trying to manipulate the outcome of an election
Indicate whether the statement is true or false
TRUE
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Technology can be defined as the
A. ability to get more output from a given amount of inputs. B. act of putting new methods into effect. C. discovery of new ways of making products. D. result of savings.
As units of input are added to the production process, the marginal product
a. increases throughout. b. at first increases, then eventually decreases. c. remains the same. d. declines then rises.
Every international transaction automatically enters the balance of payments
A) once either as a credit or as a debit. B) twice, once as a credit and once as a debit. C) once as a credit. D) twice, both times as debit. E) the times, once as a credit, onces as a debit, and once as an exchange.
If you place $100 in a bank account that pays 6% at the end of each year, and you leave your $100 and all your interest in the bank, how much will you have in the bank at the end of 7 years with annual compounding?
A) (106)7 B) 7 ? (106) C) 100 ? (1.60)7 D) 100 ? (1.06)7