What is the yield on a discount basis for a U.S. Treasury bill that has a face value of $10,000, has a price of $9500, and will mature in 180 days?
A) 5.00%
B) 5.25%
C) 10.00%
D) 10.67%
C
Economics
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Most favored nation (MFN) status means that a country treats another country
A) better than its other trading partners. B) the same as its other trading partners. C) worse than its other trading partners. D) any way it chooses since it is the "most favored nation."
Economics
Comparative advantage is
A) when a country can produce a good at a lower opportunity cost compared to other countries. B) when a country can produce all goods more quickly than any other country. C) when the production possibilities curve shifts outward to the right. D) only for individuals and not countries.
Economics