A decrease in the tariff on foreign-produced automobiles would be most likely to harm
a. steel producers, who supply steel to the domestic automobile industry.
b. foreign producers of automobiles.
c. importers of automobiles.
d. domestic distributors of foreign automobiles.
A
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When an investor buys a corporate bond, the face value of the bond is
A) a dividend payment on the bond. B) a loan to the corporation. C) a measure of ownership in the corporation. D) the coupon rate of the bond.
Suppose you observe that with a given supply curve, the Peruvian demand for Argentinean pesos steadily decreases. This will most likely mean:
a. the supply of Peruvian nuevos soles has increased on the foreign exchange market. b. the Argentinean peso will appreciate in value relative to the Peruvian nuevo sol. c. the Argentinean peso will depreciate in value relative to the Peruvian nuevo sol. d. the Peruvian demand for Argentinean goods has increased. e. the supply of Argentinean pesos has increased on the foreign exchange market.
Suppose that John allocates $10,000 of his disposable income for necessities. Any additional income beyond that is both spent and saved. Assume he has a disposable annual income of $50,000 and an MPC=0.8. Based on this information the amount of money John should save would be:
A. $8,000. B. $10,000. C. $12,000. D. $40,000.
More detailed financial instruments tend to be:
A. more costly because it will cost more to create. B. less costly because they can be standardized more easily. C. more desirable than less detailed ones, no matter what the price. D. less costly because all possible contingencies are covered.