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If You Want to Add the Date to Every Slide

question 5

Multiple Choice

If you want to add the date to every slide in the presentation and you want the date to update to show the current date every time the presentation is opened, which of the following actions would you take?

Recognize the flow of resources, goods, services, and money in the economy.
Understand the concepts of positive and normative statements in economics.
Differentiate between statements of fact (positive statements) and statements of opinion or policy (normative statements).
Apply understanding of economic models to interpret real-world economic activities and policies.

Definitions:

Amortization Period

The length of time it takes to pay off a loan or mortgage in full with regular payments that cover both principal and interest.

Compounded Monthly

A method of calculating interest where the interest earned each month is added to the principal, so the balance doesn't merely grow; it grows at an increasing rate.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Loan

Money that is borrowed, typically from a bank or financial institution, that is expected to be paid back with interest.

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