If the interest rate falls, the present value of 100 to be ...

[savannahhooper]

If the interest rate falls, the present value of 100 to be received in one year
 
  A) rises.
  B) falls.
  C) is unaffected.
  D) might rise, fall, or not change.

Question 2

If a tax was instituted such that every dollar collected in taxes from high income households resulted in a distribution of .80 to low income households
 
  A) efficiency and equality of incomes would both decrease.
  B) equality of incomes would increase but efficiency would decrease.
  C) efficiency would increase but equality of incomes would decrease.
  D) efficiency and equality of incomes would both increase.

[emilymalinowski12]

Answer to Question 1

A

Answer to Question 2

B

[savannahhooper]

Thank you

[emilymalinowski12]

No problemo