A consol is:
A. a bond with a maturity date exceeding 10 years.
B. a bond that makes periodic interest payments forever.
C. another name for a zero-coupon bond.
D. a form of a bond that is issued quite often by the U.S. Treasury.
Answer: B
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Human capital ________ as you work. As a result, the ________ of goods and services ________
A) does not change; quality; does not change. B) decreases; quantity; decreases. C) improves; quality; does not change. D) declines; quality; increases. E) increases; quantity; increases.
What is a natural monopoly and what problem does natural monopoly pose for regulators?
What will be an ideal response?
In the long run, all costs are fixed costs
a. True b. False Indicate whether the statement is true or false
The exchange rate is the:
a. value of money. b. quantity of dollars, yen, etc. that are traded. c. amount of a foreign currency that is brought back to the United States by tourists. d. number of units of your currency that it takes to buy one unit of a foreign currency. e. number of units of a foreign currency that can be bought with one unit of your own currency.