A negative cost-benefit ratio means that a program should not be undertaken

A pattern in the coefficients of the time fixed effects binary variables may reveal the following in a study of the determinants of state unemployment rates using panel data:

A) macroeconomic effects, which affect all states equally in a given year. B) attitude differences towards unemployment between states. C) there is no economic information that can be retrieved from these coefficients. D) regional effects, which affect all states equally, as long as they are a member of that region.

What is the present value of $100 two years from now at an interest rate of 6%?

A) $6 B) $89 C) $94.34 D) $106