With a nominal interest rate of 5%, the present discounted value of $100 to be received in one year is
A) $90.91.
B) $95.23.
C) $181.82.
D) $190.00.
E) $220.00.
B
Economics
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The money supply contracts when the Fed: a. replaces worn and ripped Federal Reserve notes. b. sells government securities
c. borrows from the U.S. Treasury. d. purchases equities in major U.S. corporations.
Economics
Exhibit 4-8 Demand and supply curves
In Exhibit 4-8, a movement from A to D is best described as a(n):
A. increase in the quantity demanded and an increase in supply. B. increase in supply and demand. C. increase in both the quantity demanded and supplied. D. increase in the quantity supplied and in the demand.
Economics