Veronica deposited $1,000 into an account two years ago. The first year she earned 7 percent interest; the second year she earned 5 percent. How much money does Veronica have in her account today?
a. $1,133.31
b. $1,120.00
c. $1,123.50
d. None of the above are correct to the nearest cent.
c
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A) pure profit. B) marginal revenue. C) gross earnings. D) net benefit.
What agreement has been reached to reduce the moral hazard problem and what does it require?
What will be an ideal response?
Changes in which of the following will cause a change in exchange rates?
A) real interest rates B) consumer preferences C) perceptions of economic and political stability D) all of the above
Aggregate surplus:
A. is minimized under perfect competition. B. is the difference between consumer and producer surpluses. C. is the sum of consumer and producer surpluses. D. will never be positive in the long run.