Author Question: A cheerleader-turned-pop-vocalist is offered a choice by her producer of either a lump sum of 20 ... (Read 28 times)

wrbasek0 · **on:** Jun 30, 2018

A cheerleader-turned-pop-vocalist is offered a choice by her producer of either a lump sum of 20 million for all future work or a stipend of 1 million per year, payable to her and her heirs forever. She should choose the 1 million
a. no matter what the interest rate is
b. if the interest rate is greater than 20 percent
c. if the interest rate is less than 20 percent
d. if the interest rate is greater than 5 percent
e. if the interest rate is less than 5 percent

Question 2

Which of the following would not increase French exports to the United States?
a. an appreciation of the U.S. dollar
b. an appreciation of the euro
c. a depreciation of the euro
d. an increase in French preferences for American goods
e. an increase in real income in France