Your 65-year-old father is going to retire next year. He would like to have an income of $20,000 per year for the remainder of his life
If he is expected to live for ten more years, write an algebraic expression to indicate the amount of money he needs today to pay him this sum of money if the interest rate is 10 percent.
PDV = (20,000/1.1 ) + (20,000/1.12 ) + ... + (20, 000/1. 110 )
Economics
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If your nominal income is $80,000 and your real income in base year prices is $71,500, what is the CPI?
A) 106 B) 150 C) 112 D) 100 E) 89
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Requiring that applicants get drug tested is an example of:
A. statistical discrimination. B. building a reputation. C. screening. D. signaling.
Economics