Which of the following states the relationship between a bond's price and its yield?
a. As the price falls, the yield falls.
b. Price and yield are usually independent of each other.
c. As the price rises, the yield rises.
d. As the price rises, the yield falls.
e. As the yield rises, so does the price.
D
Economics
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Assume that the supply curve for a commodity shifts to the left and the demand curve shifts to the right, both by the same degree. Then, in comparison to the initial equilibrium, the new equilibrium will be characterized by:
A) a lower price and the same quantity. B) the same price and quantity. C) a lower price and quantity. D) a higher price and the same quantity.
Economics
The curve that shows the relationship between net exports and the real exchange rate is:
A) upward sloping. B) horizontal. C) downward sloping. D) vertical.
Economics