The non-activists believe that

A) the government has been a stabilizing force in the economy.
B) much of the existing unemployment voluntary.
C) the velocity of money is unstable.
D) policymakers are able to accurately forecast the future effect of current policy actions.

B

Economics

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________ taxes are taxes paid when purchasing specific goods such as alcohol, tobacco, and gasoline

A) Property B) Payroll C) Wealth D) Excise

Economics

An aircraft company has signed a contract to sell a plane for $20 million. The firm buying the plane will pay for it in 5 annual payments (at year end) of $4 million

If the firm's cost of capital is 6%, what is the net present value of this payment?

Economics