The two kinds of yields used in the Treasury bill market are the
A) coupon equivalent yield and yield on a discount basis.
B) face yield and discount yield.
C) nominal yield and real yield.
D) yield to maturity and coupon equivalent yield.
A
Economics
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A firm will shut down in the short run if, for all positive levels of output,
a. its losses exceed its fixed costs. b. its total revenue is less than its variable costs. c. the price of its product is less than its average variable cost. d. All of the above are correct.
Economics
The formal definition of price elasticity of demand is
A. quantity demanded divided by price. B. change in quantity demanded divided by change in price. C. percentage change in quantity demanded divided by percentage change in price. D. quantity demanded multiplied by price and divided by 100.
Economics