Suppose you own $15,000 of personal property, $5,000 of stock in ABC Corporation, a $1,000 certificate of deposit, and $10,000 of government bonds. If ABC goes bankrupt, the most you could lose is
A) $31,000.
B) $26,000.
C) $15,000.
D) $5,000.
Answer: D
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Increasing the capital available to the workforce, holding other factors constant, tends to ________ total output while ________ labor productivity.
A. decrease; increasing B. increase; decreasing C. increase; not changing D. increase; increasing
The discounted value of a future payment is also referred to as:
A) implicit value. B) explicit value. C) present value. D) temporal value.
According to the text, a military draft is most likely to have which of the following effects on the market for fish? It will
a. increase the supply b. increase the demand c. decrease the supply d. decrease the demand e. lower the price
Real interest rate equals the inflation rate minus the nominal interest rate
Indicate whether the statement is true or false