题目内容

At low wage rates, will an increase in the wage rate most likely result in:The substitution effect? An increase in the supply of labor?

A. Yes Yes
B. Yes No
C. No Yes

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Which of the following types of unemployment is most likely to be associated with an economy in which many workers have been made obsolete by changing technology?

A. Cyclical
B. Frictional
C. Structural

At 1 January, 2009, an option-free 8 percent annual coupon bond, with 10 years to maturity and a par value of $1,000, had a discount rate of 9 percent. On 1 January 2010, the discount rate had decreas

A. -$4.23 $29.35
B. -$4.23 $33.58
C. $4.23 $29.35

Using the following information about spot rates, what is the price of a three-year bond with annual coupon payments of 5 percent? One-year rate: 4.78% Two-year rate: 5.56% Three-year rate: 5.98%

A. $97.47
B. $96.33
C. $98.87

LEau Ltd. Reported sales of $56,000,000 for the year ended December 31, 2009. Accounts receivable balances were $8,560,000 at January 1, 2009, $9,600,000 at December 31, 2009. The companys cash collec

A. $42,500,000
B. $48,750,000
C. $54,960,000

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