The
stock market is important because it is

The
yield to maturity for a discount bond is ________ related to the
current bond price.

Which
of the following $1,000 face-value
securities has the highest yield to maturity?  


A)

If
a $5,000 coupon bond has a coupon rate of 13 percent, then the coupon
payment every year is

Which
of the following are true of fixed payment loans?

With
an interest rate of 6 percent, the present value of $100 next year is
approximately

Which
of the following is not included in the monetary aggregate M2?

Paper
currency that has been declared legal tender but is not convertible
into coins or precious  


metals
is called ________ money.

A
fall in the level of prices

________
is the relative ease and speed with which an asset can be converted
into a medium of  


exchange.

If
there are five goods in a barter economy, one needs to know ten
prices in order to exchange  


one
good for another. If, however, there are ten goods in a barter
economy, then one needs to  


know
________ prices in order to exchange one good for another.