The yield curve is the relationship between the:
a. Domestic yield and foreign yield.
b. Real yield (i.e., interest rate) and actual inflation.
c. Nominal yield and time to maturity of a security.
d. Nominal yield on corporate securities and the yield of government securities.
e. Nominal yield and real yield of a security.
.C
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When a country decides to produce fewer bombers and more public housing projects, it is answering the ________ part of one of the two big economic questions
A) "how" B) "what" C) "defense" D) "for whom"
A monopoly firm expands its output and lowers its price. The firm finds that its total revenue falls. Hence, the firm is producing in the
A) elastic range of its demand curve. B) inelastic range of its demand curve. C) elastic range of its supply curve. D) inelastic range of its supply curve.