If the bid value of a Treasury bond is listed as "112:16", it means that the buyer is willing to pay $1,125 for the bond
Indicate whether the statement is true or false
True
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What would not lead to an overall decrease in demand for air travel in the U.S.?
A) The fear of future terrorist attacks B) News of lengthy security delays at airports C) An expected decrease in airfares D) A substantial increase in bus and passenger train fares
If at the current level of product-specific service, consumers' value at $12 and the cost of retailers to provide the services is $12, which of the following is true?
A) the profit-maximizing level of profit-maximizing services is exactly double the current level B) the profit-maximizing level of profit-maximizing services is greater than the current level C) the profit-maximizing level of profit-maximizing services is less than the current level D) the profit-maximizing amount of product-specific services is being offered.
A sign that Country A is under pressure to devalue its currency is its:
a. Current account is in deficit. b. Overall balance is in surplus. c. Reserves account is in deficit (i.e., negative). d. Overall balance is in deficit.
Which of the following government policies is not likely to reduce unemployment?
a) increasing payroll taxes b) making loans to the unemployed who wish to start businesses of their own c) providing retraining subsidies d) offering relocation assistance to the unemployed who find work out of town e) providing publicly funded job placement agencies