When talking about a coupon bond, face value and ________ mean the same thing
A) par value
B) coupon value
C) amortized value
D) discount value
A
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Starting from long-run equilibrium, a large tax cut will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. expansionary; higher; higher B. expansionary; higher; potential C. recessionary; higher; potential D. recessionary; lower; lower
Refer to the scenario above. What is the probability of winning?
A) 16.66% B) 33.33% C) 45.55% D) 66.66%
A negative externality
a. is an adverse impact on a bystander. b. causes the product in a market to be under-produced. c. is an adverse impact on market participants. d. is present in markets where the good or service does not have any impact on bystanders.
Given: M = 500, V = 9, P = 10, Q = 450. According to the crude quantity theory of money, if M rises to 700, how much would V, P, and Q be?
What will be an ideal response?