Bond coupon payments represent
A. interest on the amount borrowed.
B. dividends paid to owners.
C. payments to preferred shareholders.
D. capital gains for tax purposes.
Answer: A
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For the unregulated, single-price monopoly shown in the figure above, when its profit is maximized, output will be
A) 4 units per year and the price will be $6. B) 4 units per year and the price will be $4. C) 6 units per year and the price will be $4. D) None of the above answers is correct.
Is collusion possible in monopolistic competition? Why or why not?
What will be an ideal response?
The wealth effect refers to
A) the impact of household real wealth on consumption, savings, and the IS curve. B) the impact of household real wealth on money, prices, and the LM curve. C) the impact of household real wealth on short term and long term interest rates. D) the impact of household real wealth on aggregate supply curve.
A seller cannot mislead purchasers of a(n) ________ good more than ________.
A) experience; once B) experience; twice C) inspection; twice D) inspection; once