If you own a $1,000 face value bond with one year remaining to maturity and a five percent coupon rate and new bonds are paying 12 percent, what is the most you can get for your old bond?

New growth theory claims that economic growth occurs because firms reap profits from research and add to the stock of capital

Indicate whether the statement is true or false

A combination of high inflation and recession, usually resulting from a supply shock, is known as

A) hyperinflation. B) disinflation. C) stagflation. D) depression.