If the interest rate is 4 percent, the present value of $10,000 to be received one year from today is about

A) $9,246.
B) $9,615.
C) $10,816.
D) $10,400.

A

Economics

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Which of the following individuals will the Bureau of Labor Statistics not count as unemployed?

A) Those who are not eligible for unemployment compensation because they have not worked in covered employment. B) Those who have turned down job offers comparable to the most recent one they held. C) Those who have used up their unemployment compensation benefits. D) Those who live in a household where at least one other person is employed full time. E) None of the above prevents an individual from being counted as unemployed.

Economics

Ceteris paribus, if incomes increase faster in the United States than in less developed countries, then the currencies of less developed countries should

A. Depreciate, and the dollar should depreciate. B. Depreciate, and the dollar should appreciate. C. Appreciate, and the dollar should depreciate. D. Appreciate, and the dollar should appreciate.

Economics