If the interest rate is 4 percent, to get back $200 in one year you would need to deposit ________ today.
A. $187.43.
B. $192.31.
C. $195.55.
D. $208.00.
Answer: B
You might also like to view...
Social surplus is maximized in a(n) ________
A) perfectly competitive market B) monopolistically competitive market C) monopoly market D) oligopoly market
Jamal, Lawson, and Kyle have been standing in line for almost an hour waiting to be served at Kirala, a popular new Japanese restaurant. It is possible that some of the people in line won't be served at all before the restaurant closes
Which of the following could explain why the restaurant does not simply raise prices high enough to eliminate the lines? a. In situations where consumption takes place publicly, demand for the product is also influenced by how many other people are buying the product. Consequently, a popular restaurant that increased its prices enough to eliminate lines might find that it had also eliminated its popularity. b. Firms may sometimes not raise their prices for fear that it violates people's sense of fairness and might alienate customers. c. The demand for restaurant meals is relatively elastic and if the firm raises prices it will lower its profits. A) a only B) a and b only C) a and c only D) a, b, and c
Fluctuations in the target interest rate in the New Keynesian model lead to all of the following except
A) procyclical real wages. B) procyclical employment. C) countercyclical prices. D) procyclical consumption.
From 1970 to 1995, American productivity
A. decreased. B. remained the same. C. increased at a slower rate. D. increased at a faster rate.