What is the present value of a payment of $200 to be made one year from today if the interest rate is 10 percent?

a. $180
b. $181.82
c. $220
d. $222.22

b

Economics

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Which of the following is omitted in the calculation of GDP?

A) Pension paid to retired workers B) Export of goods C) Capital depreciation D) Interest paid on bank deposits

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The vertical intercept of the consumption function measures autonomous consumption. It represents the combined impact on consumption spending of all factors other than disposable income

a. True b. False

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