Bond prices and bond yields have a(n) ______________ relationship.

A. direct
B. inverse
C. independent
D. positive

Answer: B

Economics

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An uncrowded toll road is ________ because it is ________

A) a public good; both nonrival and nonexcludable B) not a public good; nonrival but excludable C) not a public good; nonexcludable but rival D) not a public good; both rival and excludable

Economics

A firm that maximizes profits also

A) is inefficient. B) cuts corners in production processes so that its products are made too cheaply. C) uses the least-cost combination of resources. D) pays input prices lower than other firms do.

Economics