Secondary workers are often decisive in keeping a family out of poverty

The first term in an NPV calculation is usually

A) positive, because firms consider only positive returns. B) positive, because interest charges do not accrue until the second period. C) zero, because interest charges do not accrue until the second period. D) negative, because funds for the project have to be borrowed up front before it is begun. E) negative, because the cost of the project is immediate, but revenue streams from the project come later.

Fiat money is backed by gold

Indicate whether the statement is true or false