What is the net present value of the investment?
a. $115.85
b. $1055.59
c. $1076.56
d. $346.78
a
Economics
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In the Keynesian model in the long run, an increase in taxes causes the price level to ________ and the real interest rate to ________
A) fall; rise B) fall; fall C) rise; rise D) rise; fall
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The supply of land being fixed, the earnings from land are called transfer earnings
a. True b. False Indicate whether the statement is true or false
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