1. Suppose the U.S. dollar appreciates against the Russian ruble by 500%. How much did the ruble depreciate against the dollar?
2. A given rate is quoted as 12% APR, but has an EAR of 12.55%. What is the rate of compounding during the year?
3. How can Cost-Benefit Analysis guide sound decisions in one of the following public policy areas: Income support for the poor, Social Security, or health care?