Author Question: Wanda takes 3,000 from her savings account that pays 5 percent interest per year and uses the funds ... (Read 110 times)

jasdeep_brar · **on:** Jun 29, 2018

Wanda takes 3,000 from her savings account that pays 5 percent interest per year and uses the funds to purchase a computer for 3,000 for her business. At the end of the year the computer is worth 2,000.

Wanda pays an implicit rental rate of ________ a year. A) 1,150
B) 4,000
C) 3,150
D) zero

Question 2

In the above figure, suppose the demand for dollars permanently decreases to D2. To maintain the target, the Fed

A) can buy dollars.
B) can sell dollars.
C) must decrease the nation's net exports.
D) cannot permanently maintain the exchange rate target of 150 yen per dollar.