Assume a U.S. firm invests $1,500 to buy a one-year U.K. bond. What is the dollar value of the proceeds if the dollar return on the U.K. bond is 20 percent at maturity?
a. $1,800
b. $1,500
c. $1,200
d. $1,000
e. $500
a
You might also like to view...
The short-run aggregate supply curve can slope upward because
A) prices are fixed in the short run. B) wages adjust immediately to changing economic circumstances. C) producers have misperceptions about the aggregate price level. D) prices adjust instantaneously.
Suppose you are making $50,000 per year and paying $5,000 per year in income taxes. You get a $10,000 per year raise and your income taxes are now $6,000 per year. Based on this information, the income tax system is
A) proportional. B) progressive. C) regressive. D) bracketed.
Market systems can be evaluated as efficient or inefficient, but not as fair or unfair.
Answer the following statement true (T) or false (F)
Rising output coupled with falling prices is called stagflation.
Answer the following statement true (T) or false (F)