« previous next »

Author Question: A painting is currently worth 100,000, and is expected to maintain its real value for three years. ... (Read 164 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
A painting is currently worth 100,000, and is expected to maintain its real value for three years. The real interest rate is expected to remain constant at 10. What is the present value of the painting's expected price at the end of the third year?
 
  A) 75,131
  B) 88,899
  C) 96,153
  D) 100,000
  E) 70,000

Question 2

Suppose there is a simultaneous fiscal expansion and monetary contraction. We know with certainty that
 
  A) output will increase.
  B) output will decrease.
  C) the interest rate will increase.
  D) the interest rate will decrease.
  E) both output and the interest rate will increase.


JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jake

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jun 30, 2018
Thank you :)


JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Anamorphic street painting Anamorphic street painting
Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo
Math Joke: Be Rational, Get Real Math Joke: Be Rational, Get Real
How humans maintain homeostasis with respect to water and ions How humans maintain homeostasis with respect to water and ions
Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ... Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...
Number line (real numbers) Number line (real numbers)
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library