The greater the interest rate, the ________ the present value and the ________ the discount factor.
A) larger; smaller
B) larger; larger
C) smaller; larger
D) smaller; smaller
D) smaller; smaller
Economics
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Which of the following groups typically experience the highest rate of unemployment?
a. Hispanics b. Female senior citizens c. Male senior citizens d. White teenagers e. Black teenagers
Economics
According to economist Jean-Pierre Dube, a 10 percent increase in the price of a twelve-pack of Mountain Dew will lead to a ______ percent increase in the sales of twelve-packs of Pepsi.
a. 10 b. 7.7 c. –5 d. –8.2
Economics