This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose that you lend $1,000 to a friend and he or she pays you back one year later. What is the ... (Read 61 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
on: Jul 20, 2019
Suppose that you lend $1,000 to a friend and he or she pays you back one year later. What is the opportunity cost of lending the money?
◦ There is no cost.
◦ the real interest rate that would have been earned on the money
◦ the implicit cost of the money
◦ the nominal interest rate that would have been earned on the money
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by justinmsk on Jul 20, 2019

uniquea123

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


justinmsk

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Jul 20, 2019
Thank you!


uniquea123

  • Sr. Member
  • ****
  • Posts: 311
Reply #3 on: Jul 20, 2019
Always glad to help...


« previous next »
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
The carbon cycle. Numbers are storage as 1015 g or fluxes as 1015 g per year (data from Schlesinger The carbon cycle. Numbers are storage as 1015 g or fluxes as 1015 g per year (data from Schlesinger
The popliteal area. Avoid heavy pressure over the back of the knee joint. The popliteal area. Avoid heavy pressure over the back of the knee joint.
Reconnect the lower and upper back with horizontal stroking from lower back to shoulders. Keep flat, ... Reconnect the lower and upper back with horizontal stroking from lower back to shoulders. Keep flat, ...
Brush off the back. Apply several long brushing strokes from head to hips to finish the session. Brush off the back. Apply several long brushing strokes from head to hips to finish the session.
Message from friend Message from friend
Video: Polysaccharides

For a complete list of videos, visit our video library