Define the term economics. What will be an ideal response?[br][br][b][color=red]Question ...

Author Question: Define the term economics. What will be an ideal response?[br][br][b][color=red]Question ... (Read 110 times)

sam.t96

Hero Member
Posts: 570

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

Sr. Member
Posts: 353

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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