Which of the following expenditures is classified as a mandatory expenditure of the U.S. federal government?

If you want to purchase a new sailboat in two years for $9,000, how much would you presently need to have in your bank account to have $9,000 in two years? Assume your bank account pays 3 percent interest

A) $8,484 B) $8,613 C) $8,738 D) $8,822

During last year, a country produced 20,000 pizzas and 10,000 hamburgers and nothing else. The pizzas sold for $10.00 each and the hamburgers for $3.00 each. Nominal GDP was

A) $230,000. B) $70,000. C) $460,000. D) $390,000. E) $360,000.