A bond that provides no interest payments but instead is issued at a value that is lower than its face value is called:
a. a no-interest bond.
b. a load-free bond.
c. a no-load bond.
d. a zero-coupon bond.
e. a coupon bond.
d
Economics
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Aggregate expenditure is equal to
A) C - I - G - NX. B) Y + C + I + G + NX. C) C + I + G - NX. D) C + I + G. E) C + I + G + NX.
Economics
An example of the quality change bias, and not a new goods bias, in the calculation of the CPI is a price increase in
A) Coke versus Pepsi. B) DVDs purchased on Craigslist, an online classified website. C) a 2013 GPS unit versus a 2008 GPS unit. D) etexts versus used books . E) pants purchased by a first-time shopper at Aeropostale.
Economics