Q. All astute comments thus far. Some government projects also programs continue to give benefits for many yrs. A free way or schools etc. Borrowing funds to pay for them allows us to amortize the costs over the life of the benefits. Can anyone think of a program which costs a lot but does not provide long lasting benefits?
Q. Honda Accord sells for $24,000 in the United States also for SF29,500 in Switzerlalso. Given an exchange rate of SF1.25 = $1, how do the car prices of both countries compare?