Author Question: The Great Homebody Nationwide Sweepstakes promises its winners a choice between 200,000 now or ... (Read 55 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
The Great Homebody Nationwide Sweepstakes promises its winners a choice between 200,000 now or 120,000 now and 100,000 next year. The winners should take the 200,000 now
 a. no matter what the interest rate is
  b. no matter what the interest rate is, if their rate of time preference is high
  c. no matter what the interest rate is, if their rate of time preference is low
  d. only if the interest rate is above 25 percent
  e. only if the interest rate is below 25 percent

Question 2

If the exchange rate changes from 1 euro per U.S. dollar to 1.2 euros per U.S. dollar, the Euro has
 a. appreciated, since its value has increased
  b. appreciated, since the price of U.S. dollars has increased
  c. appreciated, making U.S. goods cheaper in Euros
  d. depreciated, since its value has declined
  e. depreciated, since its value has increased



Juro

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

For a complete list of videos, visit our video library