A certain machine will last one year, will produce $120 in income (received one year later), and will cost $100. The lowest interest rate at which this investment will be unprofitable is
A. 10 percent.
B. 11 percent.
C. 19 percent.
D. 22 percent.
Answer: D
You might also like to view...
If the price of hamburger rises, we would expect the demand for steak to shift to the right
a. True b. False Indicate whether the statement is true or false
Automatic stabilizers result in _____ fluctuations in aggregate demand for given changes in spending than would be the case for an economy in which automatic stabilizers did not exist.
A. greater B. more severe C. smaller D. the same
If the nominal GDP is $477 billion and the velocity of money is 4.5, then the money supply is:
A. $122 billion. B. $98 billion. C. $106 billion. D. $477 billion.
Refer to the information provided in Figure 34.4 below to answer the question(s) that follow.
Figure 34.4Refer to Figure 34.4. If the demand and supply of pounds are D1 and S1, the equilibrium is
A. $2.00 per pound and the quantity is 500 pounds. B. 2 pounds per $ and the quantity is 500 pounds. C. $1.50 per pound and the quantity is 300 pounds. D. $2.50 per pound and the quantity is 400 pounds.