The actual or exact rate of interest on a principal over a period is called a. tax b. effective interest rate c. inflation d. minimum attractive rate of return e. nominal rate
The actual or exact rate of interest on a principal over a period is called a. tax b. effective interest rate c. inflation d. minimum attractive rate of return e. nominal rate
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 2E
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Question
The actual or exact rate of interest on a principal over a period is called
a. tax
b. effective interest rate
c. inflation
d. minimum attractive
e. nominal rate
Which does not describe the decision tree?
a. Certain
b. Sequential
c. Probabilistic
d. Graphical
If the benefit-cost ratio is 0.5, this means:
a. benefit is 50% more than its cost
b. benefit is unjustifiable by 50 %
c. cost is higher twice than benefit
d. the cost is half of the benefit
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