« previous next »

Author Question: If the market interest rate is 5 percent, the opportunity cost of 100 worth of present consumption ... (Read 72 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

A Glitch Interrupts the Vela Pulsar’s Spindown Rate A Glitch Interrupts the Vela Pulsar’s Spindown Rate
High rates of rural poverty have been a part of the United States from its origin to the present. ... High rates of rural poverty have been a part of the United States from its origin to the present. ...
Outcome of myocardial infarction. Forty percent of 1-week survivors have late complications ... Outcome of myocardial infarction. Forty percent of 1-week survivors have late complications ...
U.S. Energy Consumption U.S. Energy Consumption
How to convert percent to decimals to fractions How to convert percent to decimals to fractions
You deposit $2000 each year into an account earning 4% interest compounded annually. How much ... You deposit $2000 each year into an account earning 4% interest compounded annually. How much ...
Video: Inflammatory response Animation

For a complete list of videos, visit our video library