The further in the future a payment is received, the more it is worth today.

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


False

Economics

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An engineer with a major power company decides to leave his job because he believes he has found a way to deliver Internet service across the electrical grid and he wants to start up his own business. He doesn't have very much cash or collateral

Which method of financing do you believe he will most likely use and why?

Economics

Two of the earliest colleges with residence courses were Stout Institute in Wisconsin and the University of:

a. Illinois b. Georgia c. Alabama d. Mississippi

Economics

Regarding the issue of economic stability, nonactivists believe that

a. consumption is highly unstable over the business cycle. b. the highest possible level of investment must be maintained over all phases of the business cycle. c. minor economic disturbances often feed on themselves, leading to severe swings in the business cycle. d. the self-correcting properties of a market economy work reasonably well.

Economics

Bill created a new software program he is willing to sell for $300 . He sells his first copy and enjoys a producer surplus of $250 . What is the price paid for the software?

a. $50. b. $250. c. $300. d. $550.

Economics