Which of the following was a result of the Dodd-Frank Act?
a. restricted bank activities
b. established a new consumer protection agency
c. tougher regulations for banks
d. All of the above
d
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Refer to the scenario above. If the investor plans to invest a sum of $4,000, the net present value of Option B is:
A) -$1,536.34. B) -$2,322.12. C) $157.46. D) $1,800.79.
Which of the following has the highest present value?
A) $1,000 received in 3 years if the current interest rate is 4% B) $1,500 received in 5 years if the current interest rate is 6% C) $2,000 received in 6 years if the current interest rate is 11% D) $3,000 received in 10 years if the current interest rate is 12%
Comparative advantage is based on opportunity costs
a. True b. False
A general and ongoing rise in the prices of goods and services in an economy is called inflation
a. True b. False Indicate whether the statement is true or false