The y-coordinate is the
a. first number of an ordered pair and represents the point's horizontal location.
b. second number of an ordered pair and represents the point's horizontal location.
c. first number of an ordered pair and represents the point's vertical location.
d. second number of an ordered pair and represents the point's vertical location.
d
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Which of the following is not an argument used in favor of protectionism?
a. To protect an "infant" industry. b. To protect domestic jobs. c. To preserve national security. d. To protect against "unfair" competition because of cheap foreign labor. e. To reduce prices paid by domestic consumers.
What is the present value of a payment of $100 one year from today if the interest rate is 5 percent?
a. $95.50 b. $95.24 c. $95.00 d. None of the above are correct to the nearest cent.