What is the present value of $5,000 to be received 10 years from now if the interest rate is 10 percent?
A. $1,927.72.
B. $500.
C. $4,545.45.
D. $12,968.71.
A. $1,927.72.
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What was the Supreme Court ruling in Citizens United v Federal Election Commission?
a. Setting limits on political donations is unconstitutional. b. Disclosing the names of campaign contributors is constitutional. c. Setting restrictions on political advertisements is unconstitutional. d. Providing federal financing to political candidates is constitutional.
An input is indivisible if:
A. it cannot be increased to produce a larger quantity of output. B. it cannot be used as a substitute for other inputs in the production process. C. it is sufficiently inexpensive to purchase that firms will want to buy as much as they can. D. it cannot be scaled down to produce a smaller quantity of output.