If an asset has a present value of $50 and appreciates at an interest rate of 4%, what is the asset's future value in 47 compounding periods?

A) Approximately $400
B) Approximately $316
C) Approximately $137
D) Approximately $1143

B

Economics

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How does a contractionary monetary policy affect the labor demand curve in an economy?

What will be an ideal response?

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Refer to the table above, which gives five points on a nation's PPF. As we increase the production of X,

A) the output of Y increases. B) unemployment increases. C) the opportunity cost of each new unit of X increases. D) the opportunity cost of each new unit of X decreases.

Economics