A bond’s price is unaffected by
A. changes in the market interest rate.
B. returns on other financial assets.
C. changes in government policies.
D. all of these factors.
Answer: D
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In a "crawling peg" regime, ________
A) the value of the currency is fixed to a basket of commodities B) higher inflation is permitted C) several anchor currencies are used in succession D) the currency may gain value, but cannot lose value
Total revenue divided by quantity is
A) average revenue. B) marginal revenue. C) quantity revenue. D) price revenue.
Which of the following is a cash transfer received from the government?
a. Medicaid b. Earned Income Tax Credit c. Food stamps d. Housing assistance e. Free education
The factor distribution of income:
A. refers to the pattern of income that people derive from different factors of production. B. shows how much income people get from labor compared to land and capital. C. hasn't changed substantially in the last century in the United States. D. All of these statements are true.