Health Bars is considering a two-year advertising campaign. The campaign will cost $60,000 at the end of each of the two years. The managers of Health Bars have estimated that the campaign will generate $42,000 a year in additional profit for the next three years. If the discount rate is 4 percent, what is the net present value of the advertising campaign?
A) $5,125
B) $3,388
C) $2,896
D) $3,952
B) $3,388
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When an individual who has not been working but has been looking for work decides to terminate the search process, the official unemployment rate
A) will fall. B) will rise. C) will remain unchanged. D) may fall or rise depending on whether or not the individual resumes his education.
Children under the age of 15 represent about __________ percent of the population of developing countries
(a) 25 (b) 29 (c) 30 (d) 61 (e) 75
The following figure introduces the relationship between industrial production and wholesale price index changes between the years 1929-1935. What is the purpose of the following figure?
What will be an ideal response?
If a good is inferior, the income elasticity of demand must be
A. negative. B. positive and greater than 1. C. merely positive (not necessarily greater than 1). D. zero.