Refer to the scenario above. What is the value of having the extended warranty during the third year of ownership?
A) $15.03
B) $24.88
C) $44.66
D) $50.40
A
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Who wanted to tax away all rent from landlords?
A. David Ricardo B. Henry George C. Joseph Schumpeter D. Frank Knight
Milton Friedman and others, citing imperfections and mistakes in the administration of fiscal policy, argue that government stabilization policies
A. often destabilize the economy. B. are usually in doses too small to correct fluctuations in the economy. C. are always for political gain, not economic stability. D. always cause inflation.
The term "laissez faire" suggests that:
A) government should not interfere with the operation of the economy., B) land and other natural resources should be privately owned, but capital should be publicly owned. C) land and other natural resources should be publicly owned, but capital equipment should be privately owned D) government action is necessary if the economy is to achieve full employment and full production.
Suppose a U.S. dollar exchanges for 0.8 euros, then each euro is worth
A. $1.25. B. $1.20. C. $0.80. D. $0.20.