If the interest rate is 10%, then $1 today is worth how much one year from now?
A) $1.10
B) $1.00
C) $0.91
D) $0.90
A
Economics
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When Ford decides to increase production of hybrid cars, it directly answers the ________ question
A) what B) how C) for whom D) where E) why
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If an individual's utility function is quasi-concave, his or her MRS will:
a. diminish as x is substituted for y. b. increase as x is substituted for y. c. be undefined except in special cases. d. always depend only on the ratio of x to y.
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