There is ________ for any bond whose time to maturity matches the holding period
A) no interest-rate risk
B) a large interest-rate risk
C) rate-of-return risk
D) yield-to-maturity risk
A
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The above figure shows the demand for cable and the cable company's cost of providing cable
a. What price and quantity will be produced if the company is unregulated and profit maximizes? b. What price and quantity will be produced if the company is regulated using the marginal cost pricing rule? c. What is the advantage of the marginal cost pricing rule? d. What price and quantity will be produced if the company is regulated using the average cost pricing rule? e. What is the advantage of the average cost pricing rule?
Marginal analysis requires that business people who make production decisions always
a. know what average fixed costs are b. remember what has happened most recently c. remain forward looking d. continue producing e. remain optimistic
A tax for which the average tax rate rises with income is defined as a
a. regressive tax. b. proportional tax. c. neutral tax. d. progressive tax.
To say that one policy is better than another because it is more efficient is a normative, not a positive, statement.
Answer the following statement true (T) or false (F)