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Question One: Choose the correct answer for the following questions: 1. Which of the following do consumers usually want to see a rise with inflation?
Question One: Choose the correct answer for the following questions: 1. Which of the following do consumers usually want to see a rise with inflation? A) Income B) Interest rates C) Money supply D) Taxes 2. Identify the number of times interest calculated in a year if the interest is compounded every six months. A) 2 B) 6 C) 4 D) 3 3. In the cash-flow diagram shown below: F = ? 1 = 10% 5 6 7 Year A= $3000 (A) Equal deposits of $3000 per year (A) are made, starting now (B) The rate of interest is 10% per year account (C) The amount accumulated after the seventh deposit is to be computed (D) All of the mentioned
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