« previous next »

Author Question: If the market interest rate is 5 percent, the opportunity cost of 100 worth of present consumption ... (Read 62 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?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Norway lobsters on sale at a Spanish market Norway lobsters on sale at a Spanish market
The Rate Law The Rate Law
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011 Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011
How to calculate simple interest (Part 2) How to calculate simple interest (Part 2)
How to solve any percent concentration problem How to solve any percent concentration problem
Video: ACTH/Cortisol (glycogenolysis, protein catabolism, lipolysis and gluconeogenesis)

For a complete list of videos, visit our video library