List three characteristics of a bond that would make its interest rate higher than otherwise
it has a longer term to maturity, it has greater default risk, the interest earned on it is not tax exempt
Economics
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Whenever a buyer and a seller agree to trade
A) the agreement is made based on absolute advantage. B) they must have identical opportunity costs in producing their respective products. C) one party will always be worse off. D) both must believe they will be made better off.
Economics
The total market value of production in an economy must equal total:
A. profits. B. spending on final goods and services. C. revenues from all transactions. D. consumption.
Economics