Which of the following is not a result if the quantity supplied exceeds the quantity demanded in a market?
A. Deadweight loss
B. Inefficiency
C. Overproduction
D. Shortage
Answer: D
Economics
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If a security pays $55 in one year and $133 in three years, its present value is $150 if the interest rate is
A) 5 percent. B) 10 percent. C) 12.5 percent. D) 15 percent.
Economics
If investment per-worker equals some value X, and depreciation per-worker equals some value Z, then the change in the capital stock per-worker is equal to ________
A) X+Z B) X-Z C) X times Z D) X divided by Z
Economics