Author Question: If a bond sells for 2,000 and pays 200 per year in interest, the interest rate on the bond is A) ... (Read 169 times)

storky111 · **on:** Jun 29, 2018

If a bond sells for 2,000 and pays 200 per year in interest, the interest rate on the bond is

A) 20 percent.
B) 10 percent.
C) 5 percent.
D) 100 percent.

Question 2

According to Keynes, the classical model could not explain

A) a recession or depression.
B) periods of rising unemployment.
C) a long-term economic decline.
D) periods of rising interest rates.