The ________ the interest rate (discount rate) or the ________ the payment is to be received, the smaller the present value of a future payment will be
a. lower, nearer to
b. lower, further into
c. higher, nearer to
d. higher, further into
d
Economics
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Discuss the pattern of allocation of foreign aid by members of the Development Assistance Committee (DAC) to developing countries in recent years. What are the priorities of the DAC members in allocating foreign aid among recipients?
What will be an ideal response?
Economics
Land, water, metals, and minerals are considered to be
a. non-scarce resources because they are "gifts of nature" b. free resources because they are "gifts of nature" c. manufactured resources because no resource is useable without labor d. natural resources that are "gifts of nature" e. renewable resources that are "gifts of nature"
Economics