Bonds that pay no periodic (annual) interest are
A) zero-coupon bonds.
B) coupon securities.
C) perpetuities.
D) tax-exempts.
A
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When the Fed increases or decreases the money supply, these actions are called
a. discounting b. money printing c. moral suasion d. open market operations e. interest payments
In the graph below at a price of P*, the profit maximizing level of output is
A. Q*. B. zero. C. below Q* but above zero. D. above Q*.
In order for good X to be a likely candidate for offshoring, it must be produced with ______________ labor intensity and be a relatively ________________ good
A) low; light B) low; heavy C) high; heavy D) high; light
Robert's demand curve for pizza:
A. shows the quantity of pizza that Robert consumes as his income changes. B. assumes that the only variables that change are the price of pizza and the quantity of pizza demanded by Robert. C. makes no assumptions about Robert's income. D. assumes that the only variable that changes is Robert's preference for pizza.