Inventory changes, a component of GDP, includes those that are planned as well as those that are unplanned

Ceteris paribus means "Let the buyer beware."

Indicate whether the statement is true or false

Nancy is considering forming a 5 year business partnership with Claudia. Nancy believes her portion of the partnership will generate the following profits:

Year Profits Present Value 1 $2,000 2 $4,000 3 $12,000 4 $15,000 5 $18,000 Nancy's appropriate discount rate is 6%. To join the partnership, Nancy needs to invest $30,000. Does the partnership offer a rate of return in excess of 6%?