Government bond:
What will be an ideal response?
an interest-bearing security constituting a promise to pay at a specified future time
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Some parents struggling with back-to-school buys. "A couple of years ago, I was able to buy everything practically new," said Charles Lane-Bey, a U.S. Postal Service worker who's struggling to make ends meet
Suppose Charles has $10 to spend on back-to-school clothing for his son, and pants cost 50 cents and shirts cost $1. Which of the following combinations of pants and shirts is affordable? A) 10 pants and 6 shirts B) 7 pants and 7 shirts C) 3 pants and 8 shirts D) 6 pants and 2 shirts
In the Keynesian model, the real wage is mildly procyclical because
A) demand for labor fluctuates with the demand for final goods. B) firms take advantage of recessions to pay slightly lower wages, since there's excess labor supply. C) workers' effort may depend on the unemployment rate and the real wage. D) the supply of labor fluctuates with the business cycle.
The interdependence among oligopoly firms arises because: a. the products those firms produce are homogeneous
b. the products those firms produce are heterogeneous. c. entry barriers are low. d. a small number of firms produce a large share of industry output.
?"I don't feel so good; I shouldn't have had that last doughnut." Which of the following supports this statement?
a. ?The marginal utility of doughnuts is still increasing. b. ?The total utility from eating doughnuts is negative. c. ?The marginal utility of the last doughnut was positive. d. ?The marginal utility of the next doughnut will be positive. e. ?The marginal utility of the last doughnut was negative.