Al, Ralph, and Stan are all intending to retire. Each currently has $1 million in assets. Al will earn 16% interest and retire in two years. Ralph will earn 8% interest and retire in four years. Stan will earn 4% interest and retire in eight years. Who will have the largest sum when he retires?

The table above gives a nation's investment demand and saving supply schedules. It also has the government's net taxes and expenditures. When the real interest rate is 4 percent, the supply of loanable funds is equal to

A) $10 billion. B) $50 billion. C) $90 billion. D) $80 billion. E) $30 billion.

According to the text, Ireland and Israel are classified as less developed countries (LDCs)

a. True b. False Indicate whether the statement is true or false