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Author Question: Define the term economics. What will be an ideal response?[br][br][b][color=red]Question ... (Read 119 times)

sam.t96

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on: Jun 29, 2018
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

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Reply #1 on: Jun 29, 2018
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


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