An unexpected rise in Capacity Utilization should send bond prices __________ and stock prices __________
A) up; up
B) up; down
C) down; up
D) down; down
C
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You have the following data about the exchange rates between the Brazilian Real and the Guatemalan Quetzal. June 1, 2011 0.6752 Reales / Quetzales June 1, 2012 0.3481 Reales / Quetzales From this data you may conclude that
A) the Real depreciated. B) the Quetzal appreciated. C) the Quetzal depreciated. D) the Real was revalued.
A coupon bond that has no maturity date and no repayment of principal is called a
A) consol. B) cabinet. C) Treasury bill. D) Treasury note.
Which of these is true of the law of diminishing marginal returns?
a. It is a long run phenomena where all inputs are variable. b. It applies mostly to the short run because some inputs remain fixed. c. It is a long run phenomena experienced under monopoly. d. It applies to fixed inputs in the long run. e. It applies to fixed inputs in the short run.
Perfect competition and pure monopoly are concepts useful primarily for realistic application
a. True b. False Indicate whether the statement is true or false