If Pat pays $500 for a one-year bond that carries an interest rate of 10 percent per year, how much will she be repaid at the end of the year?

a. $600
b. $510
c. $620
d. $550
e. $500

D

Economics

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In general, activists are ________ about the ability of fiscal and monetary policies to stabilize AD and non-activists are ________

A) pessimistic; optimistic B) optimistic; optimistic C) pessimistic; pessimistic D) optimistic; pessimistic

Economics

Suppose United States net exports are -$50 billion. Then the dollar depreciates. In the short run, the United States may move downward along the J-curve, with net exports _________ and the AD curve shifting to the _______________

A) coming closer to zero; left B) coming closer to zero; right C) moving further from zero; left D) moving further from zero; right

Economics