How much savings when disposable income is $25 billion?
$1 billion
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If two accountants have had the same education, amount of experience, and work at the same type of job for the same profit-maximizing firm, which charges its clients a uniform hourly fee,
a. they should earn the same amount of money b. the one whose job is riskier should be paid more c. the one whose job is riskier should be paid less d. the one who has a higher marginal product (due to ability) should be paid more e. the one who has a higher marginal product (due to ability) should be paid less
Which of the following is correct? When the actual amount supplied exceeds the actual amount demanded, then:
a. Inventories rise, unemployment tends to rise, and prices tend to fall. b. Inventories rise, unemployment tends to fall, and prices tend to rise. c. Inventories fall, unemployment tends to rise, and prices tend to rise. d. It is impossible for these two to be unequal. e. The nation falls into an economic recession.
Explain the relationship between coupon rate (or coupon yield) and current yield.
What will be an ideal response?
The most that someone would pay today to receive a certain sum at some point in the future is known as
A) the interest rate. B) present value. C) future value. D) economic profit.