An IOU that promises to pay a certain amount at maturity, and also to pay periodic fixed amounts until that date, is called a(n)
A) stock.
B) equity.
C) bond.
D) futures contract.
C
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If a good has the characteristic of nonrivalness, it means that
a. the good is publicly provided b. it is impossible to prevent others from sharing the benefits of consumption c. the benefits linked to consumption are indivisible d. none of the above
Past centuries witnessed two important stock price bubbles. The first one occurred between ________, and the second one occurred between ________
A) 1927-29; 2006-08 B) 1973-76; 2006-08 C) 1965-73; 1996-2000 D) 1927-29; 1996-2000
A regulated monopoly is a monopoly which can charge any arbitrary price for its product
a. True b. False Indicate whether the statement is true or false
Health and safety regulations in the labor market:
A. should be evaluated by comparing their costs to their benefits. B. can lead to an increase in frictional unemployment. C. are necessarily inefficient if they impose additional costs on employers. D. are always efficient because they improve working conditions.