A knitting factory worker who loses her job because the company has relocated the plant to another country is an example of _____.

The sequence from most liquid to least liquid forms of money would be

a. M1, M2, M3 b. M2, M3, M1 c. M3, M2, M1 d. M3, M1, M2 e. M1, M3, M2

If a corporate bond with face value of $1,000 has an interest rate of seven percent paid once a year for a term of 10 years, what is the size of the coupon payment?

A) $1,000 B) $700 C) $70 D) $7