If a coupon bond that pays one hundred dollars at the end of the next three years is worth three hundred dollars, then the interest rate must be
a. one percent
b. one hundred percent
c. ten percent
d. zero percent
d. zero percent
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If actual inflation is less than expected inflation, which of the following will be true?
A) The Phillips curve will be a vertical line. B) Real wages will fall. C) The unemployment rate will fall. D) Real wages will rise.
The majority of export in the U.S. come from:
A. capital goods and consumption goods. B. industrial goods and consumption goods. C. capital goods and industrial supplies. D. consumption goods and automotive vehicles.
Both tariffs and quotas result in fewer imports being sold in a country
Indicate whether the statement is true or false
An increase in the government budget deficit shifts the supply of domestic currency in the market for foreign exchange to the right
a. True b. False Indicate whether the statement is true or false