The demand for an input used in a fixed proportions technology
A) is identical to the demand for the other inputs.
B) is greater than the demand for the end product itself.
C) lies below the demand for the end product itself.
D) is the same as the demand for the end product itself.
C
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As general business conditions deteriorate, all other factors constant:
A. bond prices will decrease. B. the supply of bonds will increase. C. the demand for bonds will decrease. D. bond yields will increase.
The length of time over which a bond promises to make payments to the holder is called which of the following?
A) the term structure of interest rates B) the face value C) the yield to maturity D) the holding period E) none of the above
A tax rebate by the government would
A) increase your pretax income, but not your disposable income. B) increase your disposable income, but not your pretax income. C) decrease your pretax income, but not your disposable income. D) decrease your disposable income, but not your pretax income.
In the bond market, the assigning of a risk premium is a tool designed to address the problem of:
A. information asymmetry. B. moral hazard. C. adverse selection. D. the free-rider.