If the net present value is exactly equal to zero, the present value of the investment's stream of future operating profits is ________ the present value of its cost.
A) exactly double
B) greater than
C) equal to
D) less than
C) equal to
You might also like to view...
The United Company competes with many other firms each producing slightly different products. Firms freely enter and exit this industry. The type of industry United Company operates in is
A) a monopoly. B) monopolistic competition. C) oligopoly. D) perfect competition. E) oligopolistic monopoly.
Refer to the above figure. How do you describe what is happening as the economy moves from point C to point B?
A) Previously unemployed resources are now being devoted to the production of wool. B) Previously unemployed resources are now being devoted to the production of bread. C) The economy has increased its wool production by 30 bales at an opportunity cost of 250 loaves of bread. D) The economy has acquired new resources for making bread.
The deteriorating-terms-of-trade argument has been used to justify import-substitution policies
a. True b. False Indicate whether the statement is true or false
John is an employee at a car manufacturer. Today he has come into work to find that production has stopped because the government has determined that the steel used in the cars will be better used in the manufacture of a new railway line. John doesn't mind, because although his wages are low, he gets paid whether there is any work for him to do or not. John MOST likely lives in a ________.
A) traditional economy B) planned economy C) market economy D) mixed economy E) capitalist economy