If you are buying a bond that is newly issued by the corporation, you are buying it in the primary market.
Answer the following statement true (T) or false (F)
True
You might also like to view...
If full-employment national income is Y = $1,500 billion and the current equilibrium national income is Y = $2,200 billion and MPC = 0.8, then to eliminate the ___________ you would have to _______________
a. recessionary gap; decrease aggregate expenditure by $140 billion b. inflationary gap; decrease aggregate expenditure by $140 billion c. recessionary gap; increase aggregate expenditure by $140 billion d. inflationary gap; decrease aggregate expenditure by $700 billion e. recessionary gap; decrease aggregate expenditure by $700 billion
In analyzing international trade, we often focus on a country whose economy is small relative to the rest of the world. We do so
a. because it is impossible to analyze the gains and losses from international trade without making this assumption. b. because then we can assume that world prices of goods are unaffected by that country's participation in international trade. c. in order to rule out the possibility of tariffs or quotas. d. All of the above are correct.
Productivity is output per unit of ___________.
Fill in the blank(s) with the appropriate word(s).
Suppose that 1000 identical sellers each set their profit-maximizing output level at 18 units when price equals $10. Then what is market quantity supplied at a price of $10?
A. 100. B. 1,000. C. 10,000. D. 18,000.