Author Question: Refer to the scenario above. What will the balance in Tom's account be after five years if he ... (Read 69 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
Refer to the scenario above. What will the balance in Tom's account be after five years if he deposits 3,000 in the bank?
 
  A) 3,222.64
  B) 3,400
  C) 4,014.68
  D) 4,111.78

Question 2

A social system could eliminate profits and losses if it could
 
  A) eliminate greed and selfishness.
  B) eliminate uncertainty.
  C) fix all prices to reflect opportunity costs.
  D) fix all prices to reflect the value of the labor embodied in goods.
  E) tax all receipts above cost and redistribute them to firms unable to cover all their costs.



Yixagurpuldink

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library