Let C = 120 + 0.8y. Assume no government or foreign sectors. At the equilibrium level of income, y* = 200, the level of saving is

A risk-averse investor will decide whether or not to invest by determining if the expected value of the investment if positive

Indicate whether the statement is true or false

How much will a car, which currently sells for $30,000, cost in 10 years if the inflation rate is 5% per year, and car makers are able to increase prices with the inflation rate (rounded to nearest dollar)

a. $45,000 b. $45,500 c. $48,314 d. $38,403 e. $48,867