An investment grows from $100.00 to $150.00 or 50% over five years. What annual increase gives a 50% increase over five years?
A. 9.25%
B. 10.00%
C. 8.45%
D. 12.00%
Answer: C
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A government subsidy to an industry having increasing returns to scale in order to capture international market share is an example of
a) an embargo b) a boycott c) strategic trade policy d) the Prebisch-Singer hypothesis e) import substitution
If the Federal Reserve lowers its target inflation rate, the monetary policy reaction function ________ and the aggregate demand curve ________.
A. shifts upward to the left; shifts to the right B. shifts downward to the right; shifts to the right C. shifts downward to the right; shifts to the left D. shifts upward to the left; shifts to the left
The "law of demand" indicates that if SIUC increases the price of tuition, all other things remaining the same Question 28 options:
A. the quantity of classes demanded will decrease at SIUC B. the demand for classes will decrease at SIUC C. the demand for classes will increase at SIUC D. the quantity of classes demanded will increase at SIUC
When the economy is hit by a temporary negative supply shock and the central bank does not respond by changing the autonomous component of monetary policy, then in the long run
A) inflation will be lower. B) output will be at its potential. C) output will be lower. D) inflation will be unchanged. E) both B and D.