Suppose you borrow $1,000 at an interest rate of 12 percent. If the expected real interest rate is 5 percent, then the rate of inflation over the upcoming year that would be most beneficial to you would be a rate of inflation
A) greater than 7 percent. B) equal to 7 percent.
C) less than 7 percent. D) equal to 0 percent.
A
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The National Environmental Protection Act (NEPA) of 1969
a. calls for Environmental Impact Statements (EIS) on major legislative proposals b. coordinates environmental tasks among federal agencies c. guides all environmental policy formulation in the United States d. all of the above e. (c) and (d) only
Studies of 18th century colonial demographics indicate that
a. the population growth rate of blacks was similar to that of whites. b. migration was the main reason for the growth in the black population. c. the death rate of blacks were much higher than the death rate of whites. d. the birthrate of blacks was much lower than the birthrate of whites.
What types of capital can improve the productivity of workers?
A. Technological and human B. Human and physical C. Physical and technological D. Human, technological, and physical capital are all determinants of productivity
The cost of repositioning an automobile gas tank for greater safety is $11 per vehicle for 12.5 million vehicles. It is expected that 180 deaths will occur if the gas tank location is not redesigned. Failure to redesign the gas tank location therefore implies that the automobile company is implicitly valuing human life at:
A. more than $736,889. B. more than $1,000,000. C. less than $736,889. D. exactly $500,000.