Which of the following statements is false?
A. As the price paid for a bond rises, the yield declines.
B. If you purchase stock from an individual that currently owns the stock, you are buying it in the secondary market.
C. The yield on a bond is another term for the coupon rate on a bond.
D. A rating of Aaa from Moody's is the highest bond rating given by that rating agency.
Answer: C
You might also like to view...
The opportunity cost of being unemployed tends to be the highest in which of the following countries?
A) Canada B) France C) the United Kingdom D) the United States
The supply curve for stand up paddle boards
a. shifts when the price of stand up paddle boards changes because the price of stand up paddle boards is measured on the vertical axis of the graph. b. shifts when the price of stand up paddle boards changes because the quantity supplied of stand up paddle boards is measured on the horizontal axis of the graph. c. does not shift when the price of stand up paddle boards changes because the price of stand up paddle boards is measured on the vertical axis of the graph. d. does not shift when the price of stand up paddle boards changes because the price of stand up paddle boards is measured on the horizontal axis of the graph.
In general, high unemployment is associated with
a) High levels of labour market co-ordination b) Low levels of labour market co-ordination c) Both high and low levels of labour market co-ordination d) Neither high nor low levels of labour market coordination e) Other factors and is unrelated to labour market co-ordination
Which of the following illustrates the principle of second best?
A. The government decides to impose taxes on all automobiles rather than imposing a tax only on luxury automobiles. B. The government imposes a tax on a meat processing plant that equals the cost of cleaning the lake damaged by the waste discharged into the lake by the meat processor. C. A tax imposed on land, because this tax distorts economic decisions less than taxes on other factors of production. D. The government imposes taxes on cigarettes and the tax revenue collected is used to pay for health care.