Author Question: Define the term economics. What will be an ideal response?[br][br][b][color=red]Question ... (Read 90 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
Define the term economics.
 
  What will be an ideal response?

Question 2

If the interest rate is 10 percent, the present value of 400 to be received two years from today is about
 
  A) 331.
  B) 484.
  C) 364.
  D) 440.



kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

Economics is the study of how individuals and societies choose to use the scarce resources that nature and previous generations have provided.

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

For a complete list of videos, visit our video library