Which of the following involves payment of part of the face value or principal prior to maturity?
A) fixed-payment loan
B) coupon bond
C) discount bond
D) simple loan
A
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Assume that Bulgaria has a comparative advantage in producing sandals and Finland imports sandals from Bulgaria. We can conclude that
A) Labor costs are higher for sandal producers in Finland than in Bulgaria. B) Bulgaria also has an absolute advantage in producing sandals relative to Finland. C) Bulgaria has a lower opportunity cost of producing sandals relative to Finland. D) Finland has an absolute disadvantage in producing sandals relative to Bulgaria.
Repeated games are conducive to
A) explicit cooperation. B) tacit cooperation. C) corruption. D) failing to have a Nash equilibrium.
Based on the table showing poverty for different groups, the group with the highest poverty rate is ______.
a. female households with no husband present
b. male households with no wife present
c. white, non-Hispanics
d. over 65 years old
In which year did GDP growth in the United States fall below -2 percent?
A. 2003 B. 2009 C. 2001 D. 2007