After taking out a one year loan with an annual interest rate of 5 percent, Tommy pays $2,100 back to the bank. The principal of the loan must be ___________ and the interest payment must be ___________.
A. $2,000; $100
B. $2,100; $100
C. $100; $2,100
D. $100; $2,000
A. $2,000; $100
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Standard life-cycle analysis predicts that a stock market crash that suddenly reduces the sale value of stocks ________ consumption expenditures
A) reduces B) increases C) has no effect on D) All of the above are possible with a market crash.
Two of the variables used to construct the KOF Swiss Economic Institute's economic globalization index are _______________ as a percentage of GDP, and tariff rates (the ______________ the tariff rate, the _____________ degree of economic globalization)
A) public debt; higher; lower B) trade; higher; lower C) trade; higher; higher D) budget deficits; lower; higher
Which of the following statements about the composition of price indices is NOT true?
A) The Paasche index is calculated with current-year prices. B) The Paasche index is calculated with base-year quantities for the bundle. C) The Laspeyres index is calculated with current-year prices. D) The Laspeyres index is calculated with base-year quantities for the bundle.
A slowing U.S. economy and increased enforcement of immigration laws will reduce ________ factors for Mexican immigration to the United States
A) demand growth B) demand pull C) supply push D) supply growth