What is the future value of $800 one year from today if the interest rate is 7 percent?

A country simultaneously raises tariffs on manufactured goods and overvalues the exchange rate. Why might these seemingly contradictory policies be pursued together?

What will be an ideal response?

Answer the following statement true (T) or false (F)

1) Heuristics generally help people to make decisions faster, but also to make more errors. 2) Heuristics help people make faster, error-free decisions. 3) Recognition heuristics help advertisers gain customers. 4) Heuristics generally operate in brain System 2.