If the annual interest rate is 5%, the net present value of receiving $550 in the next year is:

Explain what happens to the money supply, interest rates, investment spending and GDP when the Fed makes open market bond purchases

What will be an ideal response?

Suppose an economy has the following characteristics: 100 people in the noninstitutional population; 60 people employed; 20 people not in the labor force. How many people are in the economy's labor force?

A) 20 B) 40 C) 60 D) 80 E) 100