Cases come to the court of appeals when:
a. one of the parties to the litigation is not satisfied with a federal district court's decision b. one of the parties to the litigation is a minor
c. one of the parties to the litigation is a minority
d. one of the parties to the litigation has a previous criminal record e. none of the other choices are correct
a
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Consider the following cash flows:
X: $1,000 in two years Y: $500 in one year AND $500 in two years Z: $1,000 in one year Which is the correct ordering of their relative present values? a) X > Y > Z b) X = Y = Z c) Z > Y > X d) Y > X = Z e) X = Z > Y
Suppose we observe a rise in the price of good A and an increase in the quantity of good A bought are sold. Which one of the following is a likely explanation?
a) The law of demand is violated. b) The supply of A increased. c) The demand for A increased. d) The demand for A decreased. e) The supply of A decreased.