You just bought a $1,000 bond that is scheduled to mature in ten years. If interest rates rise during the next six months, the market value (or price) of your bond will
a. increase.
b. decrease.
c. remain unchanged.
d. increase or decrease, depending on the marginal tax bracket you are in.
B
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In an economy, out of 221.6 million potential workers, 180.65 million are employed. If the labor force in the economy is 200.5 million, calculate:
a. the number of unemployed workers. b. the unemployment rate. c. labor force participation rate d. number of potential workers who are not a part of the labor force.
Special-interest legislation is legislation where there are both widespread costs and benefits
a. True b. False
Which of the following is not a determinant of demand?
a. the price of a resource that is used to produce the good b. the price of a complementary good c. the price of the good next month d. the price of a substitute good
Capital gains tax cuts inevitably benefit
A. low-income workers. B. retired persons. C. workers in large cities. D. high-income stock owners.