The consumer price index includes all of the following goods and services except
a. bonds of US corporations
b. French wine
c. Japanese VCRs
d. used cars
e. toiletries
A
Economics
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The law of increasing costs causes the production possibilities curve to be bowed outward from the origin
Indicate whether the statement is true or false
Economics
Which of the following statements is true?
A) A person who buys a bond always pays the face value for the bond. B) If a corporation issues a bond and Dennis buys it, Dennis becomes one of the owners of the corporation. C) A stockholder of Firm X is one of the owners of Firm X. D) The owner of the bond receives periodic payments equal to its coupon rate times the price he paid for the bond.
Economics