Which of the following will increase the yield on a bond?
a. a reduction principal
b. an increased risk of default
c. an increase in the bond's price
d. a reduced risk of default
e. none of the above
B
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The difference between the economic and accounting costs of a firm are
A) the accountant's fees. B) the corporate taxes on profits . C) the opportunity costs of the factors of production that the firm owns. D) the sunk costs incurred by the firm. E) the explicit costs of the firm.
Why is investment spending a highly volatile component?
The unwillingness of individuals to share in the cost of a public good is called the:
A. volunteer problem. B. social conscience problem. C. public choice problem. D. free rider problem.
What kind of strike occurs when the members of a union local stop work without the consent of their national organization?
A. Sympathetic B. Limited C. Jurisdictional D. Wildcat