When we demand Mexican pesos, the price we pay for those pesos is the:
A. exchange rate.
B. savings rate.
C. interest rate.
D. prime rate.
Answer: A
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The coupon equivalent yield on a six-month Treasury bill that has a $1,000 face value and sells for $960 is
A) 6.5 percent. B) 8.3 percent. C) 9.5 percent. D) 9.8 percent.
A technological advance that increases labor productivity will
a. lower wages. b. decrease the demand for labor as fewer workers are needed. c. decrease the supply of labor as fewer workers are needed. d. increase the demand for labor as MP rises. e. decrease the demand for labor as MP falls.
A bond's coupon payment divided by the bond's current price is equal to the bond's
A) dividend yield. B) current yield. C) price-earnings ratio. D) maturity value.
Taxes paid by companies on profits are corporate income taxes
a. True b. False Indicate whether the statement is true or false