If the annual interest rate is 0%, the net present value of receiving $550 in the next year is:
a. $550
b. $551.
c. $549
d. $500
a
Economics
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Current account transactions are all payments that are related to the purchase or sale of
A) goods only. B) services only. C) goods and services only. D) goods and services excluding government purchases.
Economics
Dumping raw sewage into Boston Harbor is an example of
a. a negative externality b. a positive externality c. a private cost d. a sunk cost e. an inverse cost
Economics
In the middle of a severe recession, Congress passes an increase in the level of unemployment benefits. This would be considered by economists as a
A. positive tax. B. negative tax. C. form of government purchases. D. variable tax.
Economics
A recession is a period of time in which real GDP falls.
Answer the following statement true (T) or false (F)
Economics