A bond purchaser bought a bond from which she receives $800 a year from the issuer. If the face value of the bond is __________ then the coupon rate is __________.
A. $10,000; 10 percent
B. $8,000; 8 percent
C. $10,000; 8 percent
D. $8,000; 12 percent
E. none of the above
Answer: C
Economics
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If a country’s GDP DECREASES, but its debt INCREASES during that year, then the country’s debt to GDP ratio for the year will _______________ in proportion to the magnitude of the changes.
A. decrease because GDP decreased B. decrease C. increase or decrease D. increase
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