An individual is endowed with $100 of income in period 1, and will receive an income of 121 in period 2. The interest rate is 10%, and there are only 2 periods. The maximum first period consumption consistent with the intertemporal budget constraint is

Refer to the table representing Darcy's bank account. Assuming that $1,000 was deposited into her account at the beginning of year 1, and no further deposits or withdrawals were made, what interest rate is being paid on Darcy's account?

A.  6 percent.
B.  6.4 percent.
C.  19.1 percent.
D.  60 percent.

If a single union supplies all the labor in a competitive labor market, the union probably will

A. increase labor supply to raise employment. B. restrict labor supply to raise wages. C. increase union membership to increase wages. D. act like a competitive firm.