Assume the current interest rate is 25%. The present value of $2,000 to be received in one year would be
A. $1,000.
B. $1,200.
C. $1,600.
D. $1,800.
Answer: C
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A) a parking space B) a car C) a stop sign D) a toll road
A crucial national income accounting identity sets the government budget deficit equal to
A) S - I - NX. B) S + I - NX. C) S - I + NX. D) S + I + NX.
The value of goods produced by coalition A is worth $50, and by coalition B is worth $30 . If together they produce $100 of them, the game is called superadditive
Indicate whether the statement is true or false
An open capital market affects a nation's economic growth by
a. channeling capital into productive projects and away from wasteful projects. b. rewarding investors who find the most productive projects and invest in them. c. making the lowest-cost capital available from around the world. d. all of the above.