According to the passive approach, discretionary fiscal or monetary policy can reduce the costs of an unstable economy

A bond's coupon payment divided by the bond's current price is equal to the bond's

A) price-earnings ratio. B) dividend yield. C) current yield. D) maturity value.

If each of us relied exclusively on the market to determine what to buy, we would probably end up with few, if any:

a. streetlights. b. strawberries. c. CDs. d. raincoats. e. televisions.