What is the present value of $100 two years from now at an interest rate of 5%?
A. $95.24
B. $5
C. $105
D. $90.70
Answer: D
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The above figure shows the apartment rental market in Bigtown. At what rent will there be neither a shortage nor a surplus of apartments?
A) $1250 per month B) $1000 per month C) $750 per month D) $500 per month
What is the principal difference between the neo-Keynesian and rational expectations theories concerning stabilization policy?
Refer to the above table. All real GDP numbers are expressed in terms of the purchasing power of dollars in
A. 2017. B. 2018. C. 2019. D. 2020.
Marginal utility is calculated as
A. total utility/change in number of units consumed. B. total utility/number of units consumed. C. change in total utility/number of units consumed. D. change in total utility/change in number of units consumed.