Consider a bond that costs $1000 today and promises a one-time future payment of $1,080 in four years. What is the approximate interest rate on this bond?

In contrast to previous eras, a significant change seen today is that no model of government

a. is viewed as a good alternative to democracy. b. can successfully overthrow all vestiges of autocratic rule. c. is associated with a significant wealth gap. d. can compete with the power of individual citizens.

The quantity supplied of a good, service, or resource is ________ during a specified period and at a specified price

A) the amount that people are able and willing to sell B) the amount that people are willing and able to buy C) the amount that people are able to sell D) the amount that people are willing to sell E) the amount sold