The most that someone would pay today to receive a certain sum at some point in the future is known as
A) the interest rate.
B) present value.
C) future value.
D) economic profit.
B
Economics
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The best example of a market capitalist economy is:
A) Russia. B) China before 1979. C) Cuba. D) the United States.
Economics
Which of the following is not a tool of the Fed?
A) the discount rate B) reserve requirements C) open market operations D) the proportion of money held as currency
Economics