If you knew that an investment was going to pay you $128 in 5 years, and you knew that the annual interest rate over that time would be 5 percent, you could calculate the present value to be:
A. $95.
B. $90.
C. $105.
D. None of these is true.
D. None of these is true.
You might also like to view...
The features of the M-Form of firm organization are
a. divisions can respond more easily to change b. it is difficult to maintain customer relationships c. coordination across divisions is simple and does not take much management time d. evaluating employees is easier because managers typically are similarly trained
M2 includes M1 plus all of the following except
A) savings deposits. B) retail money market mutual funds. C) short-term U.S. government securities. D) small-denomination time deposits.
If the dollar appreciates and the U.S. AD curve shifts leftward by an amount greater than the U.S. SRAS curve shifts rightward, then Real GDP will _____________________ and the price level will _____________________
A) decrease; decrease B) decrease; increase C) increase; decrease D) increase; increase
Fiscal policy is defined as
A. the use of the taxing power of the government to redistribute wealth in a socially acceptable manner. B. the design of a tax system to transfer income from large corporations to the poor. C. the use of Congressional power to pursue social and political goals. D. the discretionary changing of government expenditures or taxes to achieve macroeconomic goals.