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Social Science Clinic => Economics => Microeconomics => Topic started by: hbsimmons88 on Jun 30, 2018

Title: What do foregone interest on money invested in a firm, wages paid to production workers, interest ...
Post by: hbsimmons88 on Jun 30, 2018
What do foregone interest on money invested in a firm, wages paid to production workers, interest paid on bank loans, and the purchase of parts for assembly have in common?
 a. All are explicit costs.
 b. All are implicit costs.
 c. All are opportunity costs.
 d. None are opportunity costs.

Question 2

Which of the following describes the relationship between bond prices and bond yields?
 a. There is a positive relationship between the yield and the price.
  b. Every 1 increase in the bond price results in a 2 increase in the yield.
  c. When the bond price is greater than the annual interest, yield is greater than one.
  d. Bond price divided by the bid price is equal to the yield.
  e. There is an inverse relationship between the yield and the price.
Title: What do foregone interest on money invested in a firm, wages paid to production workers, interest ...
Post by: kusterl on Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e
Title: What do foregone interest on money invested in a firm, wages paid to production workers, interest ...
Post by: hbsimmons88 on Jun 30, 2018
Thank you
Title: What do foregone interest on money invested in a firm, wages paid to production workers, interest ...
Post by: kusterl on Jun 30, 2018
No problemo