At any price the monopolist sets, it will sell:
A. less than quantity demanded to keep the item rare.
B. as many as demanders are willing to buy.
C. as many as it wants.
D. more than a perfectly competitive market would sell.
Answer: B
Economics
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Jessica paid $5,300 for a bond with a face value of $5,000. She will be paid $300 annually as long as she holds on to the bond, until the bond's maturity date. The coupon rate of the bond is
A. 6.0 percent. B. 5.7 percent. C. 13.0 percent. D. 9.2 percent.
Economics
Which of the following would not be studied in macroeconomics?
A. How a sharp increase in gasoline prices is likely to affect SUV sales. B. The causes of the Great Depression. C. The growth rate of the US economy. D. The impact of government spending on the economy.
Economics