Taking a course in computer repair will increase an individual's yearly income by $10,000 per year, starting the year after the course is completed. After three years, the skills learned will be obsolete. What is the present value of taking the course if the interest rate is 8 percent (0.08) per year?

From World War II through 2010, the United States experienced ________ recessions

A) 2 B) 5 C) 11 D) 15

What is not a benefit from the lower costs of transportation that were achieved through advances in railroads, canals and steamboats? a. Free rider problems were reduced. b. Farmers gained larger shares of the selling price of their crops. c. Consumers paid decreasing shares of the purchase price for transportation and marketing costs

d. New unsettled areas were profitably cleared and added to the nation's economic activity.