If the permanent annual rate of return on an asset that costs $20,000 is 8 percent,then each year the owner of the asset will earn
A) $20,000.
B) $16,000.
C) $4,000.
D) $1,600.
E) $800.
Correct Answer:
Verified
Q1: Under tight monetary policy,large amounts of government
Q2: Small loans carry higher interest rates than
Q4: To shift the supply of loanable funds
Q5: The pure rate of interest is the
A)
Q6: The distinction between the pure rate of
Q7: If the desire for present consumption by
Q8: The primary function of interest rates is
Q9: If a surge of new inventions results
Q10: The equilibrium rate of interest is
A) determined
Q11: The rate of return on an asset
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents