A new pinball machine will generate $3,000 in additional revenue each year for a game arcade. It has a useful life of three years. Assume that each year's income is received at the end of the year. If the interest rate is 10 percent (0.10) per year,, what is the present value of a new pinball machine to the arcade?

According to the shortrun (specificfactors) model, how will FDI affect wages in the recipient nation?

a. They will rise. b. They will fall. c. They will not affect wages. d. They will fall in comparison to wages in the sending country.

Because the Federal Reserve System is a central bank, it provides banking services to

A) no one. B) consumers and business. C) commercial banks. D) the government only. E) businesses only.