Two firms make most of the consumer alkaline batteries in the country: Duracell and Energizer. The market for batteries is most likely
A) a monopoly.
B) an oligopoly.
C) perfectly competitive.
D) monopolistically competitive.
B
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You have a bond that pays $18 per year in coupon payments. Which of the following would result in a decrease in the price of your bond?
A) The likelihood that the firm issuing your bond will default on debt decreases. B) Coupon payments on newly-issued bonds rise to $22 per year. C) The price of a share of stock in the company rises. D) Coupon payments on newly-issued bonds fall to $15 per year.
Define the following terms and explain their importance to the study of macroeconomics:
a. Phillips curve b. rational expectations c. indexing d. stagflation
The Coase theorem suggests that taxes should be enacted to alleviate the effects of negative externalities
a. True b. False Indicate whether the statement is true or false
A public good is
A. a good that the public must pay for. B. nonexcludable in consumption. C. more costly than a private good. D. paid for by the government.