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)
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Chapter5: Business And Economic Forecasting
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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

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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