The demand for one money is the supply of another money
Indicate whether the statement is true or false
TRUE
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When an investor buys a corporate bond, the ________ the bond is a loan to the corporation
A) interest on B) dividend payment on C) coupon payment on D) face value of
Productivity relates to
A) working harder over time. B) working longer over time. C) producing the same output with fewer labor hours. D) producing the same output with more labor hours.
Suppose Mark invests a sum of $100,000 in a new venture. To fund his investment, Mark withdraws $50,000 from a savings account paying 10% per year and uses the proceeds from a bond that has just matured worth $50,000 . If he had reinvested the proceeds from the bond, he could have earned interest at the rate of 5%. Calculate the opportunity cost of capital for Mark in a particular year
a. $5,000 b. $7,500 c. $10,000 d. $12,500 e. $100,000
If the cost of the Department of Agriculture's minimum food budget for two people is $3,000 per year, the official poverty line for a family of two would be
A. $1,000. B. $3,000. C. $9,000. D. $18,000.