Receiving $100 at the end of the next three years is worth more to me than receiving $260 right now, when my required interest rate is 10%
a. True
b. False
b
You might also like to view...
If the aggregate demand curve shifts to the left in the short run then the long-run equilibrium will be at a:
A. higher price level and higher level of output. B. higher price level and lower level of output. C. lower price level and same level of output. D. lower price level and lower level of output.
Based on information from the U.S. Census, which of the following statements is true?
a. Black women and white women with similar levels of education and experience earn similar pay. b. Blacks and whites have lower levels of educational attainment than Hispanics and Asians. c. Whites and Hispanics have higher levels of educational attainment than Asians and blacks. d. White and black college graduates earn significantly different salaries immediately after college.
Which of the following appears on the asset side of a bank's balance sheet?
a. Loans b. None of the answers are correct. c. Required reserves d. All of the answers are correct. e. Excess reserves
A decrease in regulation will cause
A. AS to increase (move down and to the right). B. AD to decrease (move to the left). C. AD to increase (move to the right). D. AS to decrease (move up and to the left).