Increases in __________ have been responsible for most of the economic growth in the U.S. over the last 50 years
a. imports.
b. productivity.
c. average hours.
d. the employment-to-population ratio.
e. tax revenues.
B
Economics
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An asset is said to be riskless if:
A) it can be easily converted into cash. B) its value does not change from day to day. C) its value is more likely to fall in future. D) it offers a positive rate of interest.
Economics
At an interest rate of 6 percent, what would be the present value of receiving $22,000 twelve years from now?
A) $10,934 B) $18,645 C) $19,643 D) $20,755
Economics