Which of the following is not an example of price discrimination?
A. student discounts at museums
B. mattress sales on Memorial Day
C. rental car companies charging lower prices to local residents than to out-of-state residents
D. children's discounts at amusement parks
Answer: B
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A bond that pays a yearly interest rate of $100 is for sale. The interest rate was 10 percent and now is 5 percent. The price of the bond has
A) decreased from $1000 to $500. B) increased from $1000 to $2000. C) decreased from $2000 to $1000. D) increased from $500 to $2000.
If capital demand shifts to shorter lived equipment, then
A) net investment will fall. B) net investment will increase. C) net investment will not change. D) the effect on net investment is unknown.
If the city mayor would perform mayoral duties for $10,000 because he just loves the limelight, but the salary for the position is $45,000 . then the mayor is earning
a. $10,000 rental income b. $35,000 professional rent c. $45,000 differential rent d. $35,000 wage-related rent e. $10,000 wage-related rent
When tax code changes increase saving incentives, the interest rate will _____ and investment will _____
Fill in the blank(s) with correct word