If the interest rate is 4 percent, the present value of $10,000 to be received two years from today is about

If you purchased a newly issued 30-year bond from American Airlines with a face value of $1,000 and a coupon payment of 3 percent, American Airlines would pay you

A) $33.33 per year plus 3 percent per year for 30 years. B) $30 per year for 30 years. C) $30 per year for 30 years plus $1,000 at the end of the 30th year. D) $33.33 per year for 30 years plus $1,000 at the end of the 30th year.

One of the major impacts of restricting immigration is that the:

a. prices of the products produced by unskilled laborers will decline. b. prices of the products produced by unskilled labor will increase. c. supply of labor in agriculture will increase. d. supply of labor in the industrial sector will rise. e. government's expenditure on education and health will rise.