« previous next »

Author Question: A painting is currently worth 100,000, and is expected to maintain its real value for three years. ... (Read 185 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?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Women who reported one, two, or three or more major life events in the past 5 years were ... Women who reported one, two, or three or more major life events in the past 5 years were ...
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Pangaea 200 Million Years Ago Pangaea 200 Million Years Ago
Who is the “real” Beyoncé—doting mother or Sasha Fierce? Who is the “real” Beyoncé—doting mother or Sasha Fierce?
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: The primary factors that affect circulation - MABP, CO and SVR

For a complete list of videos, visit our video library