Restrictions on free international trade in lumber, designed to insulate domestic lumber producers from competitive market forces, are policies.

a$)$ competitive

b$)$ protectionist

c$)$ free$-$trade

d$)$ antitrust

You paid $$100$ for a share of stock. There is a $10\%$ chance you will sell it for $$140,$ a $40\%$ chance you will receive $$120,$ a $30\%$ chance you get $$100,$ and a $20\%$ chance you only get $$80.$ What is your expected rate of return?

a$)8\%$

b$)10\%$

c$)12\%$

d$)6\%$

e$)5\%$

You expect to receive $$1100$ when you sell ten shares of stock in two years. If you could expect to earn $6\%$ on your money, what is the present value of those ten shares?

a$)$ $$968$

b$)$ $$979$

c$)$ $$998$

d$)$ $$1232$

e$)$ $$1236$

You borrow $$100,000$ at a $6\%$ annual rate of interest, compounded monthly. What is the annual percentage yield for your loan?

a$)5\mathrm{.}1\%$

b$)6\mathrm{.}0\%$

c$)6\mathrm{.}2\%$

d$)72\%$

e$)101\%$

You put $$10,000$ in a high interest $CD$ that matures in five years and pays $6\%$ per year. How much will this CD be worth at maturity?

a$)$ $$7,473$

b$)$ $$12,500$

c$)$ $$12,763$

d$)$ $$13,000$

e$)$ $$13,382$