Consumer or investor behavior in which bargains are accepted that are low risk and low potential payoff and bargains are avoided which are higher risk, but potentially higher payoff is known as:
Answer(s): B
Consider the following formula for compound interest: FV=P(1+I)N FV= Future ValueP= PrincipalI= Interest rateN= Number of YearsWhich scenario would represent a better investment?1. Invest $100 for 5 years at 6%2. $200 for 4 years at 5%3. $300 for 2 years at 5%4. $400 for 4years at 2%
Consumer price index is a measure, within a country of:
Answer(s): A
Which country has the strongest GDP per capita:W= GDP of $152 billion and a total population of 54,553,000 X = GDP of $400 billion and a total population of 21,900,000 Y= GDP of $595 billion and a total population of 38,500,000 Z = GDP of $ 628 billion and a total population of 43,655,000
When the Fed enacts an expansionary monetary policy in order to increase output,a goal is to increase the monetary supply which is usually accomplished through all of the following Fed actions except:
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