All of the following are characteristics of a bond except
A) a bond represents a promise to repay a fixed amount of funds.
B) the face value is repaid when the bond matures.
C) the coupon payment is the interest payment on the bond.
D) bonds generally pay dividends each year.
Answer: D
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The label 'Asian Tigers' describes the following economies ________
A) China, South Korea, Singapore and Taiwan B) Hong Kong, Taiwan, South Korea and Singapore C) Singapore, Taiwan, Hong Kong, and China D) South Korea, Singapore, China and Hong Kong
In the above figure, the farmer faces a trade-off between beans and wheat equal to
A) one-to-one. B) three-to-one. C) one-to-two. D) one-to-four.
The Green GDP:
A. tries to capture the environmental effects regular GDP doesn't. B. subtracts the environmental costs of production from the positive outputs normally counted in GDP. C. values negative externalities. D. All of these statements are true.
Despite the Obama administration's support of the Trans-Pacific Partnership (TPP), the AFL-CIO labor union has argued that the TPP will not
A) protect the environment.
B) ensure safe imports.
C) create jobs.
D) all of the above