When the central bank sells $1,000,000 worth of government bonds to the public, the money supply:
A. increases by $1,000,000.
B. decreases by $1,000,000.
C. decreases by less than $1,000,000.
D. decreases by more than $1,000,000.
Answer: D
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Answer the following statement true (T) or false (F)
The floral industry in Rosevalley has a Herfindahl-Hirschman Index of 900. This implies that the flower market in Rosevalley is ________
A) not concentrated B) moderately concentrated C) highly concentrated D) dominated by a few large buyers
The market structure in which there is a single supplier of a good or service for which there is no close substitute is
A. a price taker. B. perfect competition. C. monopolistic competition. D. a monopoly.
Refer to the given information. If the price of this bond increases to $1,250, the interest rate will:
Answer the question on the basis of the following information for a bond having no expiration date: bond price = $1,000; bond fixed annual interest payment = $100; bond annual interest rate = 10 percent. A. fall to 9 percent. B. fall to 8 percent. C. rise to 11 percent. D. rise to 12 percent.