Suppose General Motors issues a four-year bond with a face value of $20,000 that pays an annual coupon payment of $600. What is the interest rate that General Motors is paying on the borrowed funds?
a. 12%
b. 6%
c. 15%
d. 3%
a. 12%
Economics
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The oligopoly model that is most appropriate when one large firm usually takes the lead in setting price is the ________ model
A) Cournot B) Stackelberg C) game theory D) prisoner's dilemma
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The official poverty threshold line is adjusted annually for
a. income taxes. b. inflation. c. average household size. d. average family size.
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An investor is trying to decide whether to put his funds into stocks or bonds. He expects rising interest rates over the next year and higher inflation. Your advice?
Economics
The long-run aggregate supply curve is vertical at the level of real output that corresponds to the natural rate of employment.
a. true b. false
Economics