The difficulty in analyzing oligopolistic behavior arises from the
A. degree of government regulation of the market structure.
B. interdependent nature of oligopolistic decisions.
C. large number of firms in the industry.
D. market power of consumers.
Answer: B
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The risk spread is:
A. assigned by a bond-rating agency. B. less than 0 (zero) for a U.S. Treasury bond. C. the difference between the bond's yield and the yield on a U.S. Treasury bond of the same maturity. D. the difference between a bond's purchase price and selling price.
ABC Corp. is considering an investment project that costs $500 today. It expects the project will yield income of $200 at the end of years 1, 2, and 3. The interest rate must be ________ for the firm to undertake the project.
A. exactly equal to 10% B. at least 11% C. no more than 9% D. It is indeterminate from the given information.
The external debt can place a continuing burden on the United States by reducing consumption in the United States
Indicate whether the statement is true or false
During most of the period since 1962, federal government spending as a percentage of GDP has hovered around _____
a. 25–30% b. 10–15% c. 17–22% d. 20–25%