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Author Question: A rational individual would rather receive 1,000 today than receive 1,100 in one year if the ... (Read 161 times)

casperchen82

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on: Jun 30, 2018
A rational individual would rather receive 1,000 today than receive 1,100 in one year if the applicable nominal interest rate was 12.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following would lead to a rightward shift in the demand curve for golf balls?
 a. An increase in the price of golf clubs
  b. A decrease in the popularity of golf
  c. An increase in the number of golfers
  d. A decrease in the price of golf balls
  e. An increase in the golf club membership fee


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Danny Ewald

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


casperchen82

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  • Posts: 540
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Dnite

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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