For a 3-year simple loan of $10,000 at 10 percent, the amount to be repaid is
A) $10,030.
B) $10,300.
C) $13,000.
D) $13,310.
D
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This Application addresses the idea that
A) imports ultimately have a positive impact on all communities. B) imports have a bigger impact on some communities than on others. C) imports are only beneficial to a community if they are equally matched by exports from that community. D) imports have an equal impact on all communities.
Monetary policies in modern economies mainly target the money: a. held by people as cash
b. in the banking system. c. held by the government. d. that flows into the economy because of international trade.
Which of the following is not counted as income when the official poverty rate is calculated?
a. Medicaid benefits b. dividends derived from the ownership of stock c. earnings derived from a part-time job d. money income derived from transfer payments
In 2009, the U.S. households had spent the majority of their personal income on:
a. nondurable goods. b. savings and investment. c. durable goods. d. services.