making a decision, suggesting a course of action, recommending a path to follow, and making a choice require accepting the fact that there will be elements of right and in the final decision.

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Because the demand for wheat tends to be inelastic. true or false