The fast food industry can be modeled best using the model of
A. perfect competition.
B. oligopoly.
C. monopolistic competition.
D. monopoly.
Answer: C
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Interest rates set by the European central bank during the period 1999-2004 resulted in what situation compared to that in the United States?
a. European rates were exactly the same as those in the United States, resulting in uncovered interest parity. b. European rates were consistently higher than U.S. rates. c. European rates were consistently lower than U.S. rates. d. At first the European rates were much higher, but then the ECB acted aggressively to lower them.
You turn to the bond market page of a newspaper and look under the column headed "Bonds" and see that it says, "Alpha 7 1/2 25" this information indicates that
A) the coupon rate on this bond is 7.5 percent. B) the year this bond matures is 2025. C) the current yield on this bond is 7.5 percent. D) the current yield on this bond has risen 0.25 percent since the previous trading day. E) a and b