You place $100 in a bank account that pays 8%. If you remove the interest you receive each year you can turn your stock into a flow of

The supply-side motivated tax cuts of 1981 during the Reagan administration were aimed at

A) balancing the federal budget. B) decreasing aggregate supply. C) increasing aggregate demand. D) increasing aggregate supply.

How much is a bond that pays $40 in coupon payments for 2 years and $1,000 at the end of the fourth year worth if the interest rate is 4%?

A) $844.56 B) $924.56 C) $1,000 D) $1,123.2