This topic contains a solution. Click here to go to the answer

Author Question: If the interest rate falls, the present value of 100 to be received in one year A) rises. B) ... (Read 194 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
If the interest rate falls, the present value of 100 to be received in one year
 
  A) rises.
  B) falls.
  C) is unaffected.
  D) might rise, fall, or not change.

Question 2

If a tax was instituted such that every dollar collected in taxes from high income households resulted in a distribution of .80 to low income households
 
  A) efficiency and equality of incomes would both decrease.
  B) equality of incomes would increase but efficiency would decrease.
  C) efficiency would increase but equality of incomes would decrease.
  D) efficiency and equality of incomes would both increase.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emilymalinowski12

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

A

Answer to Question 2

B





 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library