Which of the following bond buyers did not buy the bond that best met his or her objective?
a. Jackie wanted a bond with a high interest rate and was willing to take a lot of risk. She purchased a junk bond.
b. Andrew wanted a bond that would allow him to legally avoid paying federal income taxes. He purchased a municipal bond.
c. Suzy wanted to purchase a bond whose seller was unlikely to default. She purchased a bond that Standards and Poor's rated a low credit risk.
d. Cecilia held long-term bonds rather than short-term bonds to avoid risk.
d
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The necessary ingredients for DNA synthesis can be mixed together in a test tube. The DNA polymerase is from Thermus aquaticus, and the template is from a human cell. The DNA synthesized would be most similar to
A. T. aquaticus DNA.
B. T. aquaticus RNA.
C. human RNA.
D. a mixture of human and T. aquaticus DNA.
E. human DNA.
Suppose that the United Kingdom devalues the pound. If both exports and imports are written in terms of pounds, then the United Kingdom balance of trade ________ during a currency contract period
A) improves B) worsens C) is unaffected D) falls for a while before increasing
Due to the implementation of the Troubled Asset Relief Program and the American Recovery and Reinvestment Act, the Federal budget deficit _____
a. doubled b. tripled c. stayed the same d. decreased significantly e. quadrupled
If both Canadian exporters and importers are content with the Canadian exchange rate, what would keep them content tomorrow?
a. a stronger Canadian dollar b. a weaker Canadian dollar c. appreciation of the Canadian exchange rate d. depreciation of the Canadian exchange rate e. no change in the Canadian exchange rate