The sooner a payment is received and the higher the interest rate, the greater the present value of a future payment
a. True
b. False
Indicate whether the statement is true or false
False
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The Bureau of Labor Statistics does not count discouraged workers as unemployed. Suppose discouraged workers were counted as unemployed. Explain how the unemployment rate and the labor force participation rate would change
What will be an ideal response?
All of the following statements accurately describe pre-1763 British colonial policy except:
a. England discouraged western settlements in an effort to reduce conflicts between colonists and Native Americans. b. English taxes imposed on colonists were much lower than the taxes imposed on English residents. c. England passed certain laws designed to reduce colonial production of goods that duplicated popular English products. d. Colonial governors and the Privy Council rarely used their veto power to overturn colonial laws.