If you have a bond that pays a lump sum at the time of maturity, it is
A) called a zero-coupon bond.
B) worth more than a bond with coupon payments.
C) riskier than a bond with coupon payments.
D) a safer investment than a perpetuity.
A
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All other things unchanged, a higher exchange rate
A. reduces net exports and aggregate demand B. reduces net exports and increases aggregate demand C. increases net exports and aggregate demand D. increases net exports and reduces aggregate demand
Bonita's Braidworks hires workers to braid hair. The store sells the service for $25 per customer. The marginal revenue product of this store?s fifth worker is $50. The marginal product of the fifth worker is
A. 0.5 braided customers. B. 2 braided customers. C. 25 braided customers. D. indeterminate from this information.
Related to the Economics in Practice on page 302: A television at a local electronics store has a marked retail price of $1,000. This television has been advertised at 40 percent off the retail price. The store is also having a promotion of an additional 50 percent off all sale-priced televisions. Based on these stackable discounts, what is the actual selling price of this television?
A. $100 B. $300 C. $350 D. $600
The Phillips curve indicates that when the labor market is ________, production costs will ________ and aggregate supply increases
A) easy; rise B) easy; fall C) tight; fall D) tight; rise