Which of the following is false?
A. Even if a corporation is not currently issuing bonds, you could still buy a bond directly from the corporation.
B. Bonds that are rated AAA from Standard and Poor's have received the highest rating possible.
C. A bond that is rated in the D category indicates that the bond issuer cannot pay off the bond.
D. It is possible to buy a bond from someone who purchased and still holds the bond he bought from the corporation at an earlier date.
Answer: A
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The figure illustrates the demand for eggs. At what price will egg sellers maximize their total revenue?
A) above $0.75 a dozen B) $0.75 a dozen C) less than $0.75 a dozen D) $1.50 a dozen
The excludability versus nonexcludability issue is
A. relevant to the issue of market failure. B. not relevant to the issue of market failure. C. relevant to the free-rider problem. D. a and c E. b and c
Goods commonly produced by colonial households included:
a. clothing. b. bread and hardtack. c. beer and whiskey. d. jellies and jams. e. All of the above.
List the four major elements that determine productivity growth. Choose one of these factors and explain, using specific examples, the role that it has played in increasing productivity in the United States.
What will be an ideal response?