You should invest if a new project if
A) the NPV is equal to 1.
B) the NPV is positive.
C) the NPV is equal to the discount rate.
D) none of these choices.
B
Economics
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Refer to Figure 18-1. Area B + C represents
A) the portion of sales tax revenue borne by consumers. B) the portion of sales tax revenue borne by producers. C) the excess burden of the sales tax. D) sales tax revenue collected by the government.
Economics
Which of the following three actions would not be used by the Fed to influence interest rates?
a. selling securities b. buying stocks c. setting reserve requirements d. changing the discount rate e. moral suasion
Economics