Domestically produced goods and services sold to other countries are referred to as

If you want to purchase a new sports car in four years for $75,000, how much would you need to have in your bank account now, so after four years you will have $75,000 to buy the car? Assume your bank pays 6 percent interest

A) $51,226 B) $59,408 C) $60,484 D) $70,755

A trade-off typically exists between incurring a moral hazard and making an adverse selection

Indicate whether the statement is true or false