The face value of a bond is
A) the price an individual pays to purchase the bond.
B) the amount that the issuer will have to pay upon maturity.
C) the market value of the bond.
D) the rate of return on the bond.
Ans: B) the amount that the issuer will have to pay upon maturity.
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If an individual deposits an amount at a compound interest rate of r% per year for a time period of T years, then:
A) Future Value = (1 - r)T × (Original Principal). B) Future Value = (1 + r)/T × (Original Principal). C) Future Value = (1 - r)/T × (Original Principal). D) Future Value = (1 + r)T × (Original Principal).
A country's exchange rate is the
A) price of its currency in terms of another currency. B) ratio of imports to exports. C) ratio of exports to imports. D) ratio of net exports to real GDP.
Between which two points is consumer spending increasing?
a. A and B
b. B and C
c. C and D
d. D and E
A change that increases the real money supply relative to real money demand causes
A. the LM curve to shift up and to the left. B. the IS curve to shift down and to the left. C. the LM curve to shift down and to the right. D. the IS curve to shift up and to the right.