A bond with no expiration date has a face value of $10,000 and pays a fixed 10 percent interest. If the market price of the bond rises to $11,000, the annual yield approximately equals:

A measure of the responsiveness of the demand for one good to the percentage change in the price of another good is

A) price elasticity of demand. B) price elasticity of supply. C) cross price elasticity of demand. D) income elasticity.

"Ceteris paribus" is a Latin expression that means "holding everything else constant."

a. True b. False Indicate whether the statement is true or false