1.The interest rate is determined by the interaction of borrowers and savers in

Question

1.The interest rate is determined by the interaction of borrowers and savers in the loanable funds market.     

True or False? (True?)

2. Changes in rent depend entirely on changes in the demand for land.     
          
True or False? (True?)

3. In economics, "capital" refers to:     
       
  
A.Machinery, equipment, buildings and other man-made goods that are used to produce goods and services.

B.The stocks and bonds that are traded in Wall Street.

C.The financial portfolio that an individual saver owns.

D.Only factories that are used to manufacture products.

(A?)

4. The present value (PV) of $11 that is received one year from today is currently $10. Given this information, what will the $10 be worth two years from today?     
                     
A.$10.00
B. $12.10
C. $9.00
D. $11.00

(No idea..)

Explanation / Answer

1) True

2) False

3) A

4) B

Related Questions

Navigate

• Browse (All)
• Browse 1
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.