The present value of $1 received 2 years from now, given the current interest rate of 8%, is about
A. $.92.
B. $.86.
C. $.83.
D. $1.08.
B. $.86.
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Which of the following is a benefit of economic growth?
A) reduction in illiteracy B) reduction in poverty C) improved health D) all of the above
Unilateral transfers are
A) transactions that take place across national boundaries but in which both transactions are citizens of the same country. B) government transactions that use gold and other official reserves. C) gifts from a resident of one country to a resident in a foreign country. D) the payments of interest to residents of another country.
The most likely group of the following that would be eligible for unemployment insurance benefits is
a. new college graduates looking for their first job. b. mothers returning to the labor force after caring for young children. c. workers who quit their jobs. d. experienced workers recently laid off.
A microeconomy
What will be an ideal response?