Author Question: Based on price setting behavior, which of the following will cause a reduction in the price level? ... (Read 105 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
Based on price setting behavior, which of the following will cause a reduction in the price level?
 
  A) an increase in productivity
  B) a reduction in the nominal wage
  C) a reduction in the markup
  D) all of the above
  E) none of the above

Question 2

Suppose a one-year discount bond offers to pay 1000 in one year and currently has a 15 interest rate. Given this information, we know that the bond's price must be
 
  A) 869.56.
  B) 1150.
  C) 850.
  D) 950.
  E) none of the above



paavo

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library