Discounting is a process of turning a stream of future returns into a present dollar equivalent
Indicate whether the statement is true or false
T
You might also like to view...
A competitive market is in equilibrium. Then there is a decrease in demand and a decrease in supply. The equilibrium price ________, and the equilibrium quantity ________
A) rises; decreases B) perhaps changes but we can't say if it rises, falls, or stays the same; decreases C) falls; increases D) perhaps changes but we can't say if it rises, falls, or stays the same; increases E) rises; increases
Refer to the above figure. Profits will be negative
A) when the price equals $2. B) when the price is above $2. C) when the price is below $2. D) only when the price equals $1.
Under the Bretton Woods agreements,
a. the IMF was created to punish countries that did not maintain fixed exchange rates. b. a system of fixed exchange rates based on gold was established. c. each country agreed to buy and sell its currency to maintain a fixed exchange rate. d. All of the above are correct.
Consumption is $7 trillion, investment is $1.5 trillion, government expenditures are $2 trillion, government transfer payments are $1 trillion, exports are $1.50 trillion and imports are $1.25 trillion. What is GDP?