Which of the following represents the ratio of coupon payments to the face value of a bond?
A) the interest rate
B) the discount rate
C) the coupon rate
D) the risk premium
E) the current yield
C
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Refer to Table 20-19. Looking at the table above, what is the rate of growth of the average price level from 2014 to 2015?
A) 1% B) 2% C) 3% D) 4% E) 5%
Which of the following is an accurate statement about the free market?
a. Government agencies make most of the decisions concerning buying and selling. b. Resources shift from uses that are less valued to uses that are more valued. c. “Market forces” is a precise term to use when talking about decision making. d. The “voice” that decides how resources are allocated is made up mostly of buyers.
The monetary value of all final goods and services produced by the United States economy during a year is:
a. DI b. GDP c. NDP d. NI
Which of the following will cause the money multiplier to become smaller?
A) an increase in high powered money B) a decrease in the ratio of reserves to checkable deposits C) an increase in the public's preference for checking deposits as opposed to holding currency D) a reduction in high powered money E) none of the above