With a nominal interest rate of 5%, the present discounted value of $100 to be received in two year is

Refer to the table above. The opportunity cost per dollar of value added in designing shoes by workers in Eduland is ________

A) $0.25 B) $0.50 C) $4 D) $12

Which of these is an example of a contractionary fiscal policy?

a. A decrease in the sales tax rate b. An increase in unemployment insurance c. An increase in the excise tax rate d. A decrease in import duty