If a futures contract for U.S. Treasury bonds increases by "12" in the financial page listings, the value of the contract increased by:
A. $1,200.00.
B. $375.00.
C. $120.00.
D. $240.00.
Answer: B
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The technique that estimates long-run costs and the minimum efficient scale by determining the scale of operation at which most firms in an industry are concentrated is called the:
A) engineering estimation technique. B) statistical cost estimation technique. C) survivor approach. D) back-of-the-envelope approach.
Which of the following does NOT appear on a prospectus?
A) The price of the securities being issued B) The salaries of the borrowing firm's top executives C) Audited financial statements of the borrower D) An explanation of any unusual rights granted to stockholders
A _____ is a combination of an annuity that consists of coupon payments and a terminal payment of the par value
a. share b. bond c. perpetuity d. debenture
If the long-run equilibrium of an economy is disrupted by an unanticipated increase in aggregate demand (such as might result from unexpectedly strong demand for exports due to the rapid growth of incomes abroad),
a. the price of resources will decrease. b. the natural rate of unemployment will decrease. c. actual unemployment will temporarily fall below the natural rate. d. prices will decrease.