___ GDP is used to track the economy since it ___ correct for the impact of inflation (rising prices).

Which of the following is the BEST example of a common resource?

A) a can of Mountain Dew B) fish in the ocean C) cable television D) national defense

If a one-year bond currently yields 5% and is expected to yield 7% next year, the liquidity premium theory predicts that the yield today on a two-year bond should be

A) 5%. B) less than 6%, but more than 5%. C) 6%. D) more than 6%.