If you deposit $1,000 into a savings account that pays you 5% interest per year, approximately how long will it take to double your money?
a. 8 years
b. 10 years
c. 12 years
d. 14 years
d
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The employment-to-population ratio equals
A) (labor force)/(working-age population) × 100. B) (number of people employed)/(labor force) × 100. C) (number of people with full-time jobs)/(labor force) × 100. D) (number of people employed)/(working-age population) × 100.
A macroeconomist is interested in
a. explaining how changes in sellers' behavior affect prices of a particular good. b. explaining price changes in a particular market. c. explaining why the unemployment rate is higher. d. All of the above are correct.
An S-corporation is designed
A. to allow stock sales to other corporate entities. B. to allow for unlimited numbers of shareholders. C. for large new incorporations. D. for small businesses to incorporate.
Exhibit 5-1 Demand curve
?
In Exhibit 5-1, the demand curve between points a and b is:
A. elastic. B. inelastic. C. unit elastic. D. perfectly elastic.