Which of the following statements is true?

A) Treasury bills mature in 2 to 10 years.
B) Treasury notes mature in 13 or 26 weeks.
C) Treasury bills, notes, and bonds are considered to be very safe investments.
D) Municipal bonds are issued to help the federal government build new projects such as highways and stadiums.

C

Economics

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Suppose a perfectly competitive market is in long-run equilibrium and then there is a permanent increase in the demand for that product. The new long-run equilibrium will have

A) fewer firms in the market. B) more firms in the market. C) the same number of firms in the market. D) probably a different number of firms, but it is not possible to determine if there will be more or fewer firms. E) a permanent decrease in supply.

Economics

A monopolist with constant average and marginal cost equal to 8 (AC = MC = 8) faces demand Q = 100 - P, implying that its marginal revenue is MR = 100 - 2Q. Its profit maximizing quantity is

a. 8 b. 46 c. 50 d. 92

Economics