If a corporate bond with face value of $8,000 has an interest rate of 4 percent paid once a year for a term of 30 years, what is the size of the coupon payment?

Anything that has alternative uses has an opportunity cost and is, therefore, scarce.

a. true b. false

When there are two large open economies, if desired international lending by the domestic country exceeds desired international borrowing by the foreign country, then

A. domestic saving must rise. B. the world real interest rate must rise. C. the world real interest rate must fall. D. domestic saving must fall.