What is the present value of $100 5 years from now if the interest rate is 12%?
Fill in the blank(s) with the appropriate word(s).
$56.74
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Which of the following will NOT shift the short-run aggregate supply (SRAS) curve?
A) a reduction in the price of a raw material B) technological progress C) a change in the wage rate D) a change in the price level
On Friday May 3, 2013, the headlines in the list appeared in The Wall Street Journal. Classify each headline as a signal that the news article is about a microeconomic topic or a macroeconomic topic. Explain your answers
What will be an ideal response?
U.S. dollars are an example of commodity money and hides used to make trades are an example of fiat money
a. True b. False Indicate whether the statement is true or false
In the factor market:
A. households supply factors of production to business and are paid by business for doing so. B. government produces goods and services and supplies them to households and business. C. business produces goods and services and sells them to households and government. D. households supply factors of production to business and are paid by government for doing so.