If interest rates are positive, which of the following has the lowest current value?
A. $350 now
B. $350 a year from now
C. $350 two years from now
D. All of the above have the same current value.
Answer: C
Economics
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Suppose that the quantity of cars demanded exceeds the quantity of cars supplied. We would expect that
A) the price of cars will increase. B) the price of cars will decrease. C) the supply will increase (supply will shift to the right) to meet the demand. D) the demand will decrease (demand will shift to the left) to meet the supply.
Economics
A price/earnings ratio is the price of a stock divided by the earnings per share.
Answer the following statement true (T) or false (F)
Economics