In corporate bond market quotations, the current yield on convertible bonds is usually

A) included as a ratio to the previous day's high.
B) included as a ratio to the previous day's low.
C) included as a ratio to the previous day's close.
D) omitted.


D

Economics

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If a farmer’s opportunity cost of producing 50,000 bushels of wheat is 20,000 fewer bushels of soybeans, then his or her opportunity cost of producing 50,000 bushels of soybeans must also be 20,000 fewer bushels of wheat.

Answer the following statement true (T) or false (F)

Economics

Income on the horizontal axis at which the vertical distance to the 45-degree line is less than the vertical distance to the Ep line gives rise to a ________ amount of unplanned inventory investment, and thus ________ pressure on output

A) positive, upward B) positive, downward C) negative, upward D) negative, downward

Economics

What are the public choice theory arguments against government involvement in the economy?

Economics

If, at the current price, there is a surplus of a good, then

a. the quantity supplied is greater than the quantity demanded. b. the market must be in equilibrium c. the price is below the equilibrium price. d. quantity demanded equals quantity supplied.

Economics