The segments of a CMO are also called
A) tranches.
B) coupons.
C) obligations.
D) revenues.
A
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The function that shows the inverse relationship between planned consumption and investment spending and the real interest rate, all else constant, is called the:
A) interest-related expenditure function. B) aggregate expenditure function. C) consumption function. D) investment function.
The person who assumes the risks and uncertainties of business is
a. a manager of the business b. an owner of the business c. an excellent example of human capital d. an entrepreneur e. key to production, but not a factor of production
If 1 U.S. dollar exchanges for 7.89 South African rand, how much would it cost in rand to purchase a Dell P.C. priced at $795?
What will be an ideal response?
The majority of economists would argue that an increase in taxes
A. has little or no effect on savings. B. dramatically decreases savings. C. slightly increases savings. D. dramatically increases savings.