The typical face value of a corporate bond is $1,000.
Answer the following statement true (T) or false (F)
True
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Demographic handicaps and discrimination are primarily responsible for the extent of poverty
Indicate whether the statement is true or false
The productivity of workers can depend upon which of the following?
A. Physical capital B. population growth C. Number of businesses established D. All of these are determinants of productivity.
Suppose that you borrow $10,000 for one year, and at the end of the year, you must repay $10,350. The interest rate is
A) 10.35 percent. B) 6.5 percent. C) 3.5 percent. D) 2.7 percent.
An economy in long-run equilibrium experiences an increase in aggregate demand. According to the classical model,
A) the price level will increase, but real GDP will not change. B) the price level and real GDP will increase at the same time. C) the price level will increase, but real GDP will decrease. D) the price level will rise first, then real GDP will increase.