Refer to the table representing Kara's bank account. Assuming that $2,000 was deposited into her account at the beginning of year 1, and no further deposits or withdrawals were made, the value for cell E:
A. cannot be determined.
B. is $2,662.
C. is $2,600.
D. is $2,200.
B. is $2,662.
Economics
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The process of deciding on and passing fiscal policy legislation creates:
A. an information lag. B. a formulation lag. C. an implementation lag. D. a direction lag.
Economics
Small differences in annual growth rates of real GDP generate large differences in real GDP over time because of the:
A. importance of average labor productivity. B. diminishing returns to capital. C. limits of economic growth. D. power of compound interest.
Economics