For a given rate of interest, the total interest you receive from lending money

A) increases with the frequency of compounding.
B) decreases with the frequency of compounding.
C) is independent of the frequency of compounding.
D) is greatest when there is no compounding.


A

Economics

You might also like to view...

Would an economist consider clean air a scarce resource? Explain

What will be an ideal response?

Economics

The figure above shows a graph of the market for pizzas in a large town. What characterizes the equilibrium in this market?

A) There is excess supply at the equilibrium price of $7. B) The government has selected the appropriate price for pizzas. C) The quantity supplied equals the quantity demanded. D) Supply equals demand.

Economics

The value of a country's imports cannot exceed the value of its exports

a. True b. False

Economics

If the level of autonomous spending in an economy increases at a given price level, _____

a. the aggregate expenditure line shifts upward and the economy moves upward along the aggregate demand curve b. the aggregate expenditure line shifts downward and the economy moves upward along the aggregate demand curve c. the aggregate expenditure line shifts upward and the aggregate demand curve shifts to the right d. the aggregate expenditure line shifts downward and the aggregate demand curve shifts to the left e. the aggregate expenditure curve shifts upward and the aggregate demand curve shifts to the left

Economics