The risk that interest payments will not be made, or that the face value of a bond is not repaid when a bond matures is

A) interest rate risk.
B) inflation risk.
C) liquidity risk.
D) default risk.


D

Economics

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Minneapolis business Rogue Chocolatier sells specialty chocolate bars with a high cocoa content. If Rogue's average total cost decreases as the business increases plant size, then Rogue experiences

A) economies of scale. B) diseconomies of scale. C) diminishing marginal returns. D) constant returns to scale.

Economics

Exhibit 5-1Use the information below to answer the following question(s). National income accountBillions ofdollars Personal consumption expenditures$900 Personal taxes 180 Government consumption and gross investment 300 Interest income   60 Exports   40 Imports   75 Depreciation   60 Gross investment 200 Refer to Exhibit 5-1. What is this country's gross domestic product?

A. $1,225. B. $1,305. C. $1,365. D. $1,440.

Economics

A model in which workers won't be concerned about the possibility of being fired if they don't work hard, because their wage is so low, is called

A) a cost—benefit model. B) a job—stress model. C) a gift—exchange model. D) a shirking model.

Economics

In 2016, the most profit from the musical Hamilton went to

A) the musical's star and creator, Lin-Manuel Miranda. B) the musical's producers. C) the owners of the Richard Rodgers Theater where the musical is performed. D) scalpers.

Economics