What is the present value of $500.00 to be paid in two years if the interest rate is 5 percent?

A) $453.51
B) $500.00
C) $476.25
D) $550.00

A

Economics

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If real GDP decreases, there is

A) an upward movement along the demand for money curve and no shift of the curve. B) a leftward shift of the demand for money curve. C) no movement along the demand for money curve and the curve does not shift. D) a downward movement along the demand for money curve and no shift of the curve. E) a rightward shift of the demand for money curve.

Economics

It takes Heather 1 hour to change the oil in the car and 20 minutes to do the dishes. It takes Zach 1.5 hours to change the oil in the car. For Zach to have a comparative advantage changing the oil it must take him more than ______ minutes to do the dishes

Fill in the blank(s) with correct word

Economics