The coupon rate is equal to the annual coupon payment
A) divided by the face value of the bond.
B) divided by the price paid for the bond.
C) multiplied by the price paid for the bond.
D) divided by the current market value of the bond.
A
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The net international investment position of the United States measures
A) U.S. holdings of foreign assets minus foreign holdings of U.S. assets. B) foreign holdings of U.S. assets. C) U.S. holdings of foreign assets. D) U.S. holdings of foreign assets plus foreign holdings of U.S. assets.
The state of Georgia offers free college tuition to high school students with a "B" average. In 2007, the state raised the requirement so that fewer students qualified for the scholarship
At the same time, Georgia increased state spending on health care. Suppose that college education is on the vertical axis and health care is on the horizontal axis of a PPF. These changes A) are example of a tradeoff. B) are an example of incentives. C) will cause a shift out of the PPF. D) will cause a shift in the of the PPF.
Externalities are failures of
A. the market to correctly price resources. B. firms and consumers to make rational tradeoffs. C. firms to make rational tradeoffs. D. consumers to make rational tradeoffs.
Curly just graduated from State U and has three job offers: teaching at a prestigious private high school nine months a year with summers off, working forty hours a week at a bank in a small city, and working more than sixty hours a week for a high-powered investment firm in New York. The annual salary for each of these offers is probably:
A. lowest at the high school, in the middle at the investment firm, and highest at the bank. B. lowest at the bank, in the middle at the investment firm, and highest at the high school. C. lowest at the investment firm, in the middle at the bank, and highest at the high school. D. lowest at the high school, in the middle at the bank, and highest at the investment firm.