A higher bond price indicates a lower cost of new external funds
Indicate whether the statement is true or false
TRUE
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If the income elasticity of demand for a Miami Dolphins season ticket is 2.34, then are Dolphins season tickets a normal or an inferior good?
What will be an ideal response?
Investors in which two countries accounted for about 25 percent of all foreign purchases of U.S. stocks and bonds in 2015?
A) Japan and the United Kingdom B) China and Canada C) Japan and China D) Canada and the Cayman Islands
?Exhibit 10A-1 Aggregate demand and supply model
?Beginning from short-run equilibrium at point E2 in Exhibit 10A-1, the economy's movement to a new position of long-run equilibrium would best be described as:
A. ?a movement along the AD2 curve with a shift in the SRAS1 curve. B. ?a movement along the SRAS2 curve with a shift in the AD2 curve. C. ? a shift in the LRAS curve to an intersection at E1. D. ?no shift of any kind.
Because education is less costly to obtain for highly productive individuals who are also likely to be highly productive in the work place, education ________ in the job market.
A. is a weak market signal B. is a strong market signal C. is the only market signal D. does not work as a market signal