A capital gain occurs when the
A) coupon rate increases.
B) current yield increases.
C) price of an asset increases.
D) yield to maturity increases.
C
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One of the most important changes in the composition of the labor force in the United States has been
A. the major increase in the number of women who work outside the home. B. the drop in the number of men who only work part-time. C. the steady decline in the number of women who work. D. the increase in the ratio of male workers to female workers. E. the major increase in the number of men who work away from the home or farm.
Total bank reserves are an example of a Federal Reserve
A) tool. B) intermediate target. C) operating target. D) objective.
If the more-is-better principle holds, then indifference curves must:
A. be positively-sloped. B. be negatively-sloped. C. be thin. D. be concave.
Refer to Scenario 7.1 below to answer the question(s) that follow. SCENARIO 7.1: You are the owner and only employee of a company that writes computer software that is used by gamblers to collect sports data. Last year you earned a total revenue of $90,000. Your costs for equipment, rent, and supplies were $60,000. To start this business you invested an amount of your own capital that could pay you a return of $40,000 a year. Refer to Scenario 7.1. During the year your economic costs were
A. $40,000. B. $60,000. C. $100,000. D. $130,000.