Author Question: If the market interest rate is 5 percent, the opportunity cost of 100 worth of present consumption ... (Read 71 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
If the market interest rate is 5 percent, the opportunity cost of 100 worth of present consumption
 a. is 105 today
  b. is 105 next year
  c. is 5 today
  d. is 5 next year
  e. cannot be determined unless we know the consumer's rate of time preference

Question 2

Which of the following would be represented as a debit in the U.S. balance of payments?
 a. U.S. purchase of cars from Italy
  b. U.S. sale of beef to Israel
  c. U.S. government receives transfers from foreign governments to support U.S. expenses incurred in Europe
  d. U.S. residents receive gifts of money from friends abroad
  e. income received by U.S. resident from overseas investment



taylorsonier

  • Sr. Member
  • ****
  • Posts: 377
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For a complete list of videos, visit our video library