Suppose that you are a fishing boat owner and that you have purchased a boat for $75,000 with a 15 year loan for the full amount. What is your fixed cost per year, ignoring interest payments?
a. $1,000
b. $7,500
c. $5,000
d. $2,500
e. $3,750
C
Economics
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The change in potential real GDP and aggregate supply shown in the graph above can be a result of
A) a fall in the price level. B) a decrease in the money wage rate. C) an increase in the real wage rate. D) an increase in the quantity of capital. E) a decrease in the money price of oil.
Economics
What structures make up the international capital markets?
A) stock market, IFM, and the World bank B) bond market, foreign exchange rates, IFM, and the World bank C) commercial banks, corporations, non-bank financial institutions, the central banks, and other government agencies D) commercial banks and corporations E) the central banks and non-bank financial institutions
Economics