If the interest rate is 10 percent, the present value of a payment of $1,000 one year from today is

A) $900.
B) $909.
C) $1,000.
D) $1,100.

B

Economics

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Which type of funding is very controversial, and is widely criticized for serving the geopolitical needs of donors instead of assisting poor nations?

a. concessionary loans b. microloans c. multilateral aid d. bilateral foreign aid

Economics

An economy with both a private and public sector is called:

A) a mixed economy. B) a private economy. C) a command economy. D) none of the above.

Economics