A person buys a newly issued bond that matures in 10 years with a face value of $10,000 and a coupon rate of 4%. How much money will the bondholder receive in the tenth year?
A) $10,040.
B) $10,400.
C) $10,000.
D) $40.
E) ?$400.
B
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The exchange rate between currencies of different countries is controlled primarily by supply and demand in currency markets
Indicate whether the statement is true or false
When the money supply and the price level in countries that experienced hyperinflation are plotted on a graph against time, we see that
a. the price level grew at about the same rate as the money supply. b. the price level grew at a much faster rate than the money supply. c. the price level grew at a much slower rate than the money supply. d. the inflation rate and the money supply growth rate do not appear to be related.
Bob just got laid off and now has no income. We can assume that his demand for all:
A. all inferior goods will decrease. B. all normal goods will stay the same. C. all normal goods will increase. D. all inferior goods will increase.
The quantity theory of money argues that, in the long run, the percentage change in money will create an equal percentage change in
A) velocity. B) real GDP. C) potential GDP. D) the price level.