Multiple Choice
The present value of $100 to be received in a year is
A) less than $100 and falls as the interest rate rises.
B) less than $100 and rises as the interest rate rises.
C) more than $100 and falls as the interest rate rises.
D) more than $100 and rises as the interest rate rises.
Correct Answer:
Verified
Correct Answer:
Verified
Q139: The hourly wage rate is the opportunity
Q140: The value of marginal product (VMP) of
Q141: At an interest rate of 5 percent,
Q142: A monopsony pays a wage rate that
Q143: For the past year, Teddy has had
Q145: The value of an additional baker to
Q146: If a labor market that was previously
Q147: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table
Q148: The demand for labor is a derived
Q149: If the interest rate is 8 percent,