If an investment of $400 increases to $800 in 16 years, the annual interest rate of the investment must be _____
a. 18%
b. 10%
c. 9%
d. 4.5%
e. 1.8%
d
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Why are public goods non-rival in consumption? Explain with a real-world example
What will be an ideal response?
Allison's Auto Art is a company that applies pinstripes to vehicles. Allison's cost for a basic 1-color pinstriping job is $35, and she charges $95 for this service
For a total price of $175, Allison will apply a fancier 3-color pinstripe application to an automobile, a service that adds an additional $40 to the total cost of the package. Should Allison continue to offer the 3-color pinstripe application? A) No, her marginal benefit is less than her marginal cost. B) Yes, she still makes a profit by selling the 3-color application. C) yes, but only if she lowers the price of the 1-color application D) More information is needed for Allison to make this decision.
What can a union do in order to raise the wages of its members?
What will be an ideal response?
A property tax is based on the income of the taxpayer, not the value of the property
Indicate whether the statement is true or false