If the market rate of interest is 8% per year, what is the present value of an amount of $10,000 to be received after: a) five years. b) ten years

Which of the following types of insurance do men pay lower premiums than do women?

A) life insurance B) health insurance C) auto insurance D) There are no legally allowed differences.

In a two-period model, as long as wealth effects are small, an increase in the world real interest rate

A) increases consumption and increases the current account surplus. B) increases consumption and decreases the current account surplus. C) decreases consumption and increases the current account surplus. D) decreases consumption and decreases the current account surplus.