Those who are interested in assessing the relative standard of living of different countries over a given time period are most likely to look at
A. Percentage change in GDP.
B. GDP.
C. Population.
D. Per capita GDP.
Answer: D
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A coupon bond involves
A) interest payments from the borrower to the lender periodically during the life of the loan and payment by the borrower to the lender of the face value of the loan at maturity. B) interest and principal payments from the borrower to the lender periodically during the life of the loan. C) periodic payments by the borrower to the lender that include both principal and interest. D) periodic payments by the borrower to the lender that include principal, but not interest.
The equilibrium price is best defined as the price at which
a. demand is smaller than supply b. suppliers want to supply more goods c. demanders want to buy more goods d. quantity demanded is equal to quantity supplied e. the quantity demanded increases
The Federal Trade Commission
a. was abolished by the Celler-Kefauver Act b. was established when the Antitrust Division of the Justice Department was eliminated c. largely deals with telephone and utility regulation d. is a weak and ineffective government agency e. investigates unfair and deceptive trade practices
Technological advancements have led to lower prices and an increase in the sale of color laser printers. How does this affect the market for traditional inkjet printers?
A) The demand curve for inkjet printers shifts to the right. B) The demand curve for inkjet printers shifts to the left. C) The quantity of inkjet printers demanded increases. D) The quantity of inkjet printers demanded decreases.