________ investment is more volatile than other forms of investment spending because this type of investment can be changed relatively quickly

If the interest rate is 10 percent, the present value of a payment of $1,000 one year from today is

A) $900. B) $909. C) $1,000. D) $1,100.

A price floor that is set above the equilibrium price

A) causes suppliers to lower their prices. B) is binding. C) is non-binding. D) creates a shortage.