If the interest rate is 3 percent, to get back $500 in two years you would need to deposit ________ today.
A. $242.72.
B. $471.30.
C. $485.44.
D. $494.00.
Answer: B
You might also like to view...
Use the following graph, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product, to answer the next question.
Sd + Q is the product supply curve after an import quota is imposed. A quota of y?w will result in a deadweight loss equal to areas
A. F + J. B. G + H. C. E + F + G + H + J. D. F + G + H + J.
Roughly what percentage of money income was earned by the highest 5% of income earners in the U.S. in 2010?
A) 10% B) 20% C) 30% D) 40% E) 50%
Political advocacy:
A. and political engagement can suffer from the free-rider problem. B. is not affected by the free-rider problem, but political engagement is. C. can suffer from the free-rider problem, but political engagement does not. D. and political engagement are not affected by the free-rider problem.
When a good is excludable:
A. one person's consumption prevents or decreases others' ability to consume it. B. it is possible for sellers to prevent its use by those who have not paid for it. C. the government has specific import policies limiting its supply. D. consumers have a perception of scarcity of that good.