A linear relationship
A) always has a maximum.
B) always has a constant slope.
C) always slopes up to the right.
D) never has a constant slope.
B
Economics
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If, while you are holding a coupon bond, its market price falls, you can be sure that
A) the coupon payment you are receiving must have been reduced. B) the interest rate on other similar bonds must have fallen. C) the interest rate on other similar bonds must have risen. D) the par value of the bond must have declined.
Economics
If total utility increases from 10 to 15 for the second unit of a good consumed, the marginal utility of the second unit is 25
a. True b. False Indicate whether the statement is true or false
Economics