During fiscal year 2017, the most recent mentioned in the text, the federal government spent approximately
A. $1.2 billion.
B. $1.9 trillion.
C. $4.0 trillion.
D. $15.0 trillion.
Answer: C
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A person buys a bond with a face value of $10,000 for $9,195. Each year until the maturity date the bond buyer receives a coupon payment of $450 from the issuer of the bond. The coupon rate on the bond is
A. 4.9 percent. B. 4.5 percent. C. 7.0 percent. D. 6.75 percent.
What was(were) the effect(s) of the Enron Bankruptcy in late 2001 and other corporate scandals in 2002?
A) An ensuing lack of confidence in financial accounting. B) The value of corporate bonds declined. C) It became more expensive for firms to finance their investments. D) all of the above E) none of the above
Because a monopoly will produce less of a good than a competitive market will, welfare is always greater under monopoly than under competition in the presence of a negative externality
Indicate whether the statement is true or false
The rate of interest that you pay on a home loan depends upon all of the following EXCEPT
A) the supply of houses in the real estate market. B) the length of the loan. C) your credit rating. D) handling charges or loan fees.