Near the end of the eighteenth century, the dollar:
a. was a nickname for the Spanish Peso.
b. was more plentiful than any other coin.
c. was customarily used to reckon accounts.
d. All of the above are correct.
d. All of the above are correct.
Economics
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In the classical model, desired saving
A) is inversely related to real income. B) exceeds investment. C) is equal to desired investment. D) is less than desired investment.
Economics
If the coupon payment on a bond is $500 and the coupon rate is 5%, then what is the face value of the bond?
A. $10,667 B. $10,000 C. $1,000 D. $678.40 E. There is not enough information provided to answer this question.
Economics