Business firms are prohibited by law from borrowing money from banks
a. True
b. False
Indicate whether the statement is true or false
False
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The LM curve represents combinations of income and interest rate which
A) clear the goods market. B) achieve the external equilibrium. C) clear the money market. D) achieve internal equilibrium.
Which of the following would be cures for the U.S. trade deficit?
a. Americans saving less and spending more b. a severe recession in Europe and Asia c. a severe recession in the United States d. a tax cut e. All of the above are correct.
Which of the diagrams illustrate(s) the effect of a decrease in incomes on the market for secondhand clothing?
A. A and C.
B. A only.
C. B only.
D. C only.
You turn to the bond market page of a newspaper and look under the column headed "Bonds" and see that it says, "Alpha 7 1/2 25" this information indicates that
A. the coupon rate on this bond is 7.5 percent. B. the year this bond matures is 2025. C. the current yield on this bond is 7.5 percent. D. the current yield on this bond has risen 0.25 percent since the previous trading day. E. a and b