ABC Corp. is considering an investment project that costs $500 today. It expects the project will yield income of $200 at the end of years 1, 2, and 3. The interest rate must be ________ for the firm to undertake the project.
A. at least 11%
B. exactly equal to 10%
C. no more than 9%
D. It is indeterminate from the given information.
Answer: C
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An improvement in the technology used to produce goods would:
Answer the following statements true (T) or false (F)
1) The Sherman Act was passed in 1914. 2) The Clayton Act was the second major piece of antitrust legislation. 3) The Federal Trade Commission Act and the Sherman Act were passed in the same year. 4) The Antitrust Division of the Department of Justice enforces antitrust laws through both civil and criminal suits. 5) Actions that violate the Sherman Act can result in penalties that total substantially more than $100 million.
Which of the following will not shift the market supply curve for corn?
a. a change in the price of corn b. a change in the price of soybeans c. a change in the price of herbicides and pesticides d. a change in storage technology e. a change in the number of acres planted in corn
An inward shift of the production possibilities curve could be caused by all of the following except
A. a war that destroys the nation's bridges, harbors and other infrastructure. B. a plague that wipes out one fifth of the population. C. a significant rise in the unemployment rate. D. 30 years of neglect of the nation's railroad and interstate highway systems.