You Use $5,000 of Your Own Money to Start a Dog-Walking

question 92

Multiple Choice

You use $5,000 of your own money to start a dog-walking business. During the first year you earn a 6% return on your investment. If the current interest rate is 8%, you earn an economic profit of

• A) -$60.
• B) -$100.
• C) $200.
• D) $300.

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Definitions:

Influenza

A highly contagious viral infection of the respiratory passages causing fever, severe aching, and often occurring in epidemics.

Lyme Disease

An infectious disease caused by the Borrelia bacterium, which is transmitted to humans through the bite of infected black-legged ticks.

Tuberculosis

A highly infectious disease caused by the bacterium Mycobacterium tuberculosis, primarily affecting the lungs but can spread to other organs.

Houseflies

Common flying insects known for their ability to spread diseases due to their feeding and breeding habits.