The par value is the amount to be repaid when a bond matures.
Answer the following statement true (T) or false (F)
True
The par value is the face value of a bond-the amount to be repaid when the bond is due.
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The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A
If a firm in a perfectly competitive market faces a market price of $7, and it decides to increase its production from 4,000 to 12,000 units, the firm's marginal revenue will:
A. stay the same. B. rise once diminishing marginal product sets in. C. increase from $28,000 to $84,000. D. diminish once diminishing marginal product sets in.
Experiments show that when real people play the ultimatum game, starting with $100,
a. Player A usually proposes giving Player B more than $50. b. Player B usually accepts Player A's proposal if Player A proposes giving Player B $30 or $40. c. players show themselves to be rational wealth-maximizers. d. Player B will usually demand an even split.
If business opportunities in a country become relatively less attractive relative to those of other countries, then
a. both its net exports and net capital outflows fall. b. both its net exports and net capital outflows rise. c. its net exports fall and its net capital outflows fall. d. its net exports rise and its net capital outflows fall