Cleo promises to pay Jacques $1,000 two years from today. If the interest rate is 4 percent, then how much is this future payment worth today?

The study of factors that contribute to the economic development of a country is

A) development economics. B) the theory of technological advancements. C) population growth economics. D) the new technology theory.

A monetarist economist believes that if the economy was left alone, it would rarely operate at full employment

Indicate whether the statement is true or false