You turn to the bond market page of a newspaper and look under the column headed "Bonds" and see that it says, "Alpha 7 1/2 25" this information indicates that
A) the coupon rate on this bond is 7.5 percent.
B) the year this bond matures is 2025.
C) the current yield on this bond is 7.5 percent.
D) the current yield on this bond has risen 0.25 percent since the previous trading day.
E) a and b
E
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The goal of antitrust acts is to
A. protect consumers. B. protect firms. C. limit profits of companies. D. reduce competition.
In the aggregate demand curve, the endogenous variable is ________
A) output B) inflation C) the real interest rate D) real money balances E) none of the above
Arguments in support of protectionism (and against free trade) include all of the following EXCEPT
A) new and troubled industries need to be protected until they acquire sufficient strength to compete equally against their foreign counterparts. B) jobs at home should be protected from cheap foreign labor. C) protectionism increase total domestic consumption possibilities. D) national security interests require that nations retain the ability to produce vital materials at home and avoid dependence upon potential enemies.
To obtain a given real rate of return, lenders must charge a ________ nominal interest rate in the face of decreasing inflation.
A. regular B. constant C. lower D. higher