« previous next »

Author Question: If the market interest rate is 5 percent, the opportunity cost of 100 worth of present consumption ... (Read 70 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
If the market interest rate is 5 percent, the opportunity cost of 100 worth of present consumption
 a. is 105 today
  b. is 105 next year
  c. is 5 today
  d. is 5 next year
  e. cannot be determined unless we know the consumer's rate of time preference

Question 2

Which of the following would be represented as a debit in the U.S. balance of payments?
 a. U.S. purchase of cars from Italy
  b. U.S. sale of beef to Israel
  c. U.S. government receives transfers from foreign governments to support U.S. expenses incurred in Europe
  d. U.S. residents receive gifts of money from friends abroad
  e. income received by U.S. resident from overseas investment


taylorsonier

  • Sr. Member
  • ****
  • Posts: 377
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Effects of growth rate on development. Effects of growth rate on development.
Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes. Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Fraternal twins share about 50 percent of their segregating genes. Fraternal twins share about 50 percent of their segregating genes.
How to calculate present value (Question 3) How to calculate present value (Question 3)
Video: Primary Active Transport - electrochemical gradient and ion transport / water movement

For a complete list of videos, visit our video library