A corporate bond is not as liquid as cash because the bond
A) cannot be converted to spendable dollars either until it matures or is sold to another investor.
B) can be exchanged only for the goods or services produced by the company that issued the bond.
C) must be exchanged for a stock certificate before it can be converted to spendable funds.
D) represents an exchange for gold only.
A
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Consumer surplus is the difference between the worth of a commodity to the consumer and the price the consumer pays for the commodity
a. True b. False Indicate whether the statement is true or false
A decrease in the budget deficit will have a:
A. less positive effect on income when crowding out is weak. B. more negative effect on income when crowding out is strong. C. less negative effect on income when crowding out is strong. D. more positive effect on income when crowding out is weak.
Which of the following would be part of the nation's financial account?
A. A dividend from a British equity owned by an American B. A payment to the Philippine government for the use of military bases in their country C. One hundred shares of British Petroleum stock purchased by an American D. A night club show seen by an American in Mexico City
Who among the following is considered to be in the labor force?
A) retirees B) full-time students C) discouraged workers D) unemployed workers