A measure by which prices are expressed is a(n)
A. medium of exchange.
B. unit of accounting.
C. store of value.
D. standard of deferred payment.
Answer: B
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If you own a $1,000 face value bond with one year remaining to maturity and a 3 percent coupon rate and new bonds are paying 14 percent, what is the most you can get for your old bond?
A) $903.51 B) $997.19 C) $1,000 D) $1,140
Voters' Ordered PreferencesAbbyBobCarloPublic parksPublic zooPublic transportationPublic zooPublic transportationPublic parksPublic transportationPublic parksPublic zooIf a pair-wise majority vote was held, the voters' preferences are shown in the table, and Bob is setting the agenda for votes, which pair will he put up for vote first?
A. Public parks and transportation B. Public transportation and public zoo C. It will not matter, as it will not affect the outcome of the voting. D. Public zoo and public parks