The slope of a typical production possibilities curve is:

The Marxist view would say that there is an overproduction of goods by the private sector.

A. True B. False C. Uncertain

Sydney purchases a newly issued, two-year government bond with a principal amount of $10,000 and a coupon rate of 6 percent paid annually. One year before the bonds matures (and after receiving the coupon payment for the first year), Sydney sells the bond in the bond market. What price (rounded to the nearest dollar) will Sydney receive for his bond if newly issued one-year government bonds are paying a 5 percent coupon rate?

A. $10,000 B. $10,600 C. $10,095 D. $9,906