One likely reason that the country of Appleland is poor is that it
a. does not produce many goods and services
b. has highly educated and productive female workers
c. has a low birth rate
d. enjoys a low infant mortality rate
e. has a high literacy rate
A
Economics
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If a corporate bond with a face value of $20,000 pays yearly coupon payments of $500, what is the coupon rate?
A) 2.5% B) 4% C) 25% D) 40%
Economics
The existence of economic profits in a perfectly competitive industry
A. will signal resources to flow into that industry. B. gives the investors in that industry a return on investment that just covers opportunity costs. C. indicates an inelastic demand for the industry's products. D. indicates that economic resources are being used efficiently in that industry.
Economics