An individual takes out a loan of $10,000. The loan has an annual interest rate of 6%. If the entire loan and all the interest must be repaid in exactly one year, what is the total amount the individual will have to pay back?

A technology company paying its male senior software engineer a higher salary than its female senior marketing manager is, by definition, in violation of laws mandating equal pay for similar work.

An economist is analyzing a company's financial data. On December 31st, the company had a total of $2 million in outstanding debt. During that entire year, the company generated $5 million in revenue and spent $500,000 on new equipment. Which of these figures represents a stock?

Calculating Annual Interest Rate from Repayment

Investment Decision Based on Annual Rate

A software developer earns a wage of $45 per hour. They find their work challenging and estimate the disutility of their effort (the cost of working) to be equivalent to $12 per hour. What is the developer's net utility per hour from this job?

A small business owner borrows $5,000 to purchase new equipment. According to the loan agreement, they must repay a total of $5,400 exactly one year later. Based on this information, what is the annual interest rate on this loan?

Loan Option Evaluation

A person borrows $2,000 for one year at an annual interest rate of 5%. Which of the following independent scenarios would result in the largest amount of total interest paid over the year?

Evaluating Policy Interventions on Economic Opportunity