The general form for discounting is
A) PV = FVt (1 + i)t.
B) PV = FVt /(1 + i)t.
C) PV = (1 + i)t/FVt.
D) PV = 1/(1 + it)t.
Answer: A
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Given an upward sloping aggregate supply curve, which of the following changes in the aggregate demand curve is observed when the Fed reduces the money supply?
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A decrease in the price of a good will a. increase demand
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Give an example of someone who works in a noncompeting labor market. Explain your choice