Given a linear curve, the value on the y-axis changes from 100 to 120 when the value on the x-axis changes from 20 to 10, then the slope of that curve is
A) -20.
B) +20.
C) -2.
D) +2.
C
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A discount bond is also called a ________ because the owner does not receive periodic payments
A) zero-coupon bond B) municipal bond C) corporate bond D) consol
On the Lorenz curve, which of the following indicates that income inequality has increased from Year A to Year B?
a. The Year B line is to the left of the perfect equality line, and the Year A line is to the right. b. The Year A line is longer than the Year B line. c. The Year B line is farther from the perfect equality line than is the Year A line. d. The Year A line is farther from the perfect equality line than is the Year B line.
Lisa prepared a delicious dinner for her friends after making the following purchases at the local supermarket. For which of the purchases would Lisa not be choosing among goods having product differentiation?
a. canned tomatoes b. fresh eggplant c. boxed spaghetti d. shredded cheese e. red wine
The Hernandez family is buying a house. They have submitted several offers, and one was finally accepted. The time they spent submitting offers is considered part of the
a. negative spillover b. profit margin c. market price d. transaction cost