How is the interest rate on a bond calculated?
What will be an ideal response?
The interest rate, or coupon rate, on a bond is calculated by dividing the coupon by the face value of the bond.
Economics
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The average price of a share of stock on the New York Stock Exchange falls by 30 percent. Other things being equal, we would expect
A) a shift up of the consumption function. B) an increase in the marginal propensity to consume. C) a decrease in the marginal propensity to consume. D) a shift down of the consumption function.
Economics
The process by which monopoly profits lead to technological progress in known as
A) economies of scale. B) destructive creation. C) imperfect competition. D) creative destruction.
Economics