An speculator who buys a fifty-year corporate bond
A) must be expecting to still be alive in fifty years.
B) is subject to substantial reinvestment risk.
C) is probably expecting market interest rates to increase in the future.
D) is probably expecting market interest rates to decrease in the future.
D
Economics
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If an economy's population grows at 3 percent and income grows at 3 percent, then
a. per capita income is declining b. the economy's standard of living is increasing c. per capita income is negative d. per capita income is constant e. human capital per capita is constant
Economics
If an increase in the price of a product from $1 to $2 per unit leads to a decrease in the quantity demanded from 100 to 80 units, then demand is
a. elastic b. inelastic c. of unitary elasticity d. 0 e. inferior
Economics