What is the future value of $750 one year from today if the interest rate is 2.5 percent?
a. $766.50
b. $768.75
c. $770.23
d. None of the above are correct to the nearest cent.
b
Economics
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Contractionary fiscal policy will lead to an increase in government borrowing.
a. true b. false
Economics
If the dollar appreciates while foreign income rises:
A. the U.S. AD curve would likely remain unchanged. B. the U.S. AD curve would likely shift to the left. C. what happens to the U.S. AD curve is unclear. D. the U.S. AD curve would likely shift to the right.
Economics