Author Question: The top quintile's share of all income exceeds 50 in 2005. Indicate whether the statement is true ... (Read 101 times)

james9437 · **on:** Jul 1, 2018

The top quintile's share of all income exceeds 50 in 2005.

Indicate whether the statement is true or false

Question 2

A certain magazine offers its subscribers the opportunity to Buy Now and Save. If at the time their subscription renewal is due they agree to pay for 2 years rather than 1, the renewal price will be 50 per year rather than the usual 60 per y

At what interest rate will the consumer, who is certain she will subscribe to the magazine for the next 2 years, decide to Buy Now and Save? A) any interest rate under 50 percent
B) any interest rate over 1.5 percent
C) any interest rate over 150 percent
D) any interest rate under 5 percent
E) She will always take this offer if she is absolutely certain to buy the magazine for another 2 years.