Taylor has the following assets and liabilities:Two cars$15,000House$400,000Mortgage$300,000Cash$1,000Car loans$5,000Checking account balance$3,000Credit card balance$3,000 What is the value of Taylor's liabilities?
A. $303,000
B. $308,000
C. $311,000
D. $300,000
Answer: B
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a. 1 year b. 5 years c. 10 years d. 14 years e. 17 years
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A. 10.0 percent. B. 22.2 percent. C. 18.2 percent. D. 7.5 percent.
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A. it is acting like a perfectly competitive firm. B. other firms have an incentive to enter the market. C. barriers to entry will allow the firm to enjoy them in the long run as well. D. it should leave the industry before it gets competed away.
If AD1 shifts to AD2, the full multiplier effect would be an increase in real GDP from:
Refer to the figure above.
A. Q1 to Q2
B. Q1 to Q3
C. Q2 to Q3
D. Q2 to more than Q3