If the interest rate is 6 percent, to get back $300 in two years you would need to deposit ________ today.
A. $267.00.
B. $275.22.
C. $283.02.
D. $291.26.
Answer: A
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Calculate the value of the government purchases multiplier if the marginal propensity to consume equals 0.8, the tax rate equals 0.2, and the marginal propensity to import equals 0.05
What will be an ideal response?
Medicare Advantage (Part C) plans:
a. are much like traditional Medicare and do not offer maximum out-of-pocket limits. b. do not receive any federal support because private insurance companies sell them. c. are offered by private insurance companies and provide hospital, physician, outpatient, and prescription drug coverage for a single premium. d. are not very popular among seniors because they often require additional premiums. e. never include dental, vision, and hearing coverage as part of their covered services.
One reason that college graduates earn higher wages than non-graduates is because college graduates:
A. acquire additional skills to allow them to work in more industries than non-graduates. B. always work in more dangerous jobs than non-graduates. C. are always more intelligent than non-graduates. D. are less equipped to deal with technological change, as their skills are technology-specific.
Establishing rules for voter registration is an example of a(n)
A) economic function of government. B) political function of government. C) public good. D) transfer payment.