Which of the following is not a characteristic of a bond?
a. its tax treatment
b. its credit risk
c. its term
d. its dividend yield
d
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In the years immediately following the passage of the American Recovery and Reinvestment Act, interest rates ________, and the prices of goods and services ________.
A. remained high; barely changed B. fell dramatically; rose at higher-than-normal rates C. rose sharply; fell sharply D. remained low; rose at lower-than-normal rates
Economics is the study of how evenly goods and services are distributed within society
a. True b. False Indicate whether the statement is true or false
Suppose that a Japanese firm invents an affordable long-lasting battery that becomes hugely popular in the United States. What would be the result?
a. U.S. demand for the Japanese yen would fall. b. U.S. demand for Japanese goods would decline. c. U.S. demand for the Japanese yen would increase. d. The exchange value of the Japanese yen would fall relative to other currencies.
During the 19th century, the great abundance of land compared to the availability of labor
A. attracted millions of immigrants. B. encouraged early marriage and large families. C. encouraged rapid technological development. D. All of the choices are true.