The value of the discount weight used to translate utils into current utils is:
A) one.
B) less than one.
C) greater than one but less than two.
D) greater than one but less than three.
B
Economics
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The variance of an investment opportunity:
A) cannot be negative. B) has the same unit of measure as the variable from which it is derived. C) is a measure of central tendency. D) is unrelated to the standard deviation.
Economics
When tariffs on imported products are removed by a nation, it will result in:
A. Higher prices and lower quantities consumed in that nation B. Higher prices and higher quantities consumed in that nation C. Lower prices and lower quantities consumed in that nation D. Lower prices and higher quantities consumed in that nation
Economics