Question
A bond with a face value of ₹1,000, 5% annual coupon,
and maturity of 5 years is sold at ₹950. What does this price suggest?Solution
When bond price < face value, yield to maturity > coupon rate.
Walraw’s Law states the following:
For a positively sloped LM curve, which of the following statements is CORRECT?
The Compensating Wage Differential theory predicts that, ceteris paribus, jobs that are considered less desirable (e.g., higher risk or unpleasant condi...
Based on the sticky-price model, the short-run aggregate supply curve will be steeper, the greater the_____
Which of the following statements about the expansion path is true?
The substitution effect for a commodity is
For the given data, n=10, X̅ = 20, Y̅ = 40, ∑(X-5)^2 = 100, ∑(Y-20)^2 =160 and ∑(X-5)*(Y-20) = 80. Calculate the correlation coefficient ...
Which of the following is correct?
Within the AD-AS model, a phenomenon known as stagflation is best represented by a shift in which curve, and with what consequence for the short-run equ...
Longevity is proxy for ---- in the Human Development Index?
