The dollar amount of the yearly coupon payment expressed as a percentage of the face value of the bond is called the bond's
A) coupon rate.
B) maturity rate.
C) face value rate.
D) payment rate.
A
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The second federal antitrust law was passed in 1914. This antitrust law is the
A) Clayton Act. B) Robinson-Patman Amendment. C) Cellar-Kefauver Amendment. D) Taft-Hartley Act.
Which of the following is NOT a characteristic of perfect competition?
A) Firms are "price takers." B) All firms sell identical products. C) There are substantial barriers to entry into the industry. D) There are many buyers and sellers.
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________.
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
Suppose demand is given by Qxd = 50 ? 4Px + 6Py + Ax, where Px = $4, Py = $2, and Ax = $50. What is the advertising elasticity of demand for good x?
A. 0.52 B. 0.38 C. 1.12 D. 1.92