If, during a deposit expansion, not all money gets redeposited into the banking system and some leaks out as currency, then the real world multiplier is

Refer to the scenario above. The present value of the positive cash flows from the investment in Plan 2 is equal to:

A) $9,209. B) $6,263. C) $15,670. D) $7,537.

Entrepreneurs are people who

A) accept ultimate responsibility for the projects they undertake. B) are hired by others to manage business enterprises. C) are hired by others to organize business enterprises. D) own the resources used in the production process. E) prefer a small chance for a large profit to a large chance for a small profit.