If a nation is selling more goods and services to foreigners than it is buying from them, then on net it must be buying assets abroad
a. True
b. False
Indicate whether the statement is true or false
True
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You have a bond that pays $125 per year in coupon payments. Which of the following would result in an increase in the price of your bond?
A) Coupon payments on newly-issued bonds rise to $140 per year. B) The likelihood that the firm issuing your bond will default on debt increases. C) The price of a share of stock in the company falls. D) Coupon payments on newly-issued bonds fall to $75 per year.
Company B has just discovered that the marginal revenue product generated by the last worker hired was $25 while the marginal factor cost was $25. What should Company B do?
A) Leave the level of production unchanged. B) Increase the amount produced. C) Reduce the amount produced. D) Collect more information before making a decision.