If the interest rate is 10 percent, the net present value of $500 to be received one year from now is

A COLA automatically raises the wage rate when

A. GDP increases. B. taxes increase. C. the consumer price index increases. D. the producer price index increases.

One means of enforcing a quota is to require importers to ________.

A. pay an import tax B. obtain a license C. pay a sales tax D. obtain a sales permit