Which of the following statements is correct? The cash flows for an annuity must all be equal, and they must occur at regular intervals, such as every quarter or every year. The cash flows for an annuity due all occur at the ends of the periods. The cash flows for an ordinary annuity all occur at the beginning of the periods. A series of unequal cash flows that occur at regular intervals, such as every quarter, is an annuity.

In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security

Why are there so many types of diversion programs for juveniles

Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold