Pavel is considering buying a $10,000 bond with no expiration date that generates yearly payments of $500. If the price of the bond were to fall to $9,000:
A. the bond's rate of return would rise from 5 percent to 5.6 percent.
B. the bond payments would fall to $450 per year.
C. Pavel should definitely buy the bond because the price is lower.
D. Pavel should definitely not buy the bond because the lower price means it is worth less.
A. the bond's rate of return would rise from 5 percent to 5.6 percent
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The United States is the most inequitable country in the developed world
Indicate whether the statement is true or false
Studies have shown that union workers earn about
a. 10 to 20 percent more than nonunion workers in similar jobs. b. 10 to 20 percent less than nonunion workers in similar jobs. c. 40 to 50 percent more than nonunion workers in similar jobs. d. 40 to 50 percent less than nonunion workers in similar jobs.
Which well-known economist from the past asserted that "the power of population is infinitely greater than the power in the earth to produce subsistence for man?"
Which of the following would increase the price level?
a. an increase in the money supply. b. an increase in taxes. c. a decrease in the expected price level. d. a decrease in the natural rate of unemployment.