When a corporation issues a bond, it is borrowing funds.
Answer the following statement true (T) or false (F)
True
A bond is a certificate acknowledging a debt and the amount of interest to be paid each year until repayment-an IOU.
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Which of the following is a final good or service?
A. Wood pulp purchased by a paper company B. A box of brownies purchased by your instructor C. A computer chip purchased by Banana Computers D. Potatoes purchased by a potato chip company
If average labor productivity in two countries is the same, average living standards will be lower in the country with:
A. the smaller population. B. the lower share of population employed. C. the larger population. D. the higher share of population employed.
Which of the following is an example of capital?
a. a cheeseburger dinner b. a construction worker c. petroleum d. a factory e. an acre of farmlqnd
About two-thirds of U.S. electricity is generated from:
A. hydroelectric. B. petroleum. C. nuclear energy. D. coal and gas.