If a project costs $800 today and pays a return of $864 next year, what is the highest interest rate at which the project should be undertaken?
A) 6.4 percent B) 7 percent C) 8 percent D) 8.64 percent
C
Economics
You might also like to view...
The long-run equilibrium for a monopolistically competitive firm occurs ________
A) at the minimum point of the marginal cost curve B) at the minimum point of the average cost curve C) along the downward sloping portion of its average total cost curve D) along the upward sloping portion of its average total cost curve
Economics
Supply-side economics is the school of thought that advocates the use of
A) monetary policy to stimulate long-run aggregate supply. B) fiscal policy to stimulate long-run aggregate demand. C) monetary policy to stimulate short-run aggregate demand. D) fiscal policy to stimulate long-run aggregate supply.
Economics