Positive economic analysis
A. involves value judgments.
B. concerns what ought to happen.
C. addresses factual issues.
D. is subjective.
C. addresses factual issues.
Economics
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If a $10,000 face-value discount bond maturing in one year is selling for $5,000, then its yield to maturity is
A) 5 percent. B) 10 percent. C) 50 percent. D) 100 percent.
Economics
Total revenue is equal to
a. price elasticity of demand multiplied by quantity b. price elasticity of demand divided by quantity c. price of the good divided by quantity d. price of the good multiplied by quantity e. price elasticity of demand multiplied by price of the good
Economics