Consider a series of end-of-period CFs spanning 2040-2050, which increase by a fixed amount each period. The amount of the first CF in the series is $149 and the increment is $76. The nominal interest rate is 1.3%; compounding occurs 5 times per year. What is the equivalent value of this series at the beginning of 2040

Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.