Suppose the interest rate is 5 percent per year. The present value of $210 to be received one year from today is

A) $200.00.
B) $210.00.
C) $215.00.
D) $220.50.

A

Economics

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In a perfectly competitive industry, influence over price is exerted by

A. individual sellers. B. individual buyers. C. the largest firms. D. the forces of supply and demand.

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What are the expected economic outcomes when the Fed lowers the discount rate and the target for the federal funds rate?

What will be an ideal response?

Economics