What is the value of a newly issued 10-year bond with face value of $10,000 and no coupon payments? Assume the interest rate is 7 percent (0.07) per year
a. $0
b. $5,083.49
c. $10,000
d. $95,632.41
e. $100,000.00
B
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Monetary policy refers to:
A. policy directed toward increasing exports and reducing imports. B. the determination of the nation's money supply. C. government policies aimed at changing the underlying structure or institutions of the economy. D. decisions to determine the government's budget.
The resolution of Adam Smith’s diamond-water puzzle is based on the distinction between marginal and total utility.
Answer the following statement true (T) or false (F)
Suppose you work in a human relations office, and an employee, Ariana, comes to you with a set of statistics she has gathered about your company. Which of these statistics might indicate wage discrimination?
a. Fewer minorities were interviewed than whites. b. There are ten percent more males than females in management. c. Female mechanics earn ten percent less than male mechanics. d. Technicians make fifty percent more than janitors.
Which of the following countries has higher income mobility than the United States?
A. Denmark B. Canada C. France D. All of these countries have higher income mobility than the United States.