How much is the interest rate on a bond that has a face value of $1,000, a selling price of $800, and pays $80 interest?

The no-trade equilibrium in a monopolistic market occurs where:

a. marginal revenue = price. b. marginal cost = marginal revenue. c. market demand = market supply. d. marginal cost = average revenue.

In the circular flow model, consumption goods are bought and sold in the

A) goods markets. B) financial market. C) factor markets. D) government market. E) monetary flows.