The crowding-out effect arises when government select one:
a. lends in the money market, thus decreasing interest rates.
b. borrows in the money market, thus decreasing interest rates.
c. lends in the money market, thus increasing interest rates.
d. borrows in the money market, thus causing an increase in interest rates.

San ruiz interiors provides design services to residential and commercial clients. the residential services produce a contribution margin of $450,000 and have traceable fixed operating costs of $480,000. management is studying whether to drop the residential operation. if closed, the fixed operating costs will fall by $370,000 and san ruiz’ income will

Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?

Under t, the point (0,2) gets mapped to (3,0). t-1 (x,y) →