In Economic Theory, the Word "Demand" Refers to

question 70

Multiple Choice

In economic theory, the word "demand" refers to

• A) the amount people are willing to purchase at various prices.
• B) those wants or needs that are urgent or pressing.
• C) wants that are economic in character rather than social, cultural, or spiritual.
• D) the desire of persons for a good, regardless of whether they're willing to purchase the good.

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Definitions:

Coupon Rate

The interest rate stated on a bond at the issuance time, which the issuer promises to pay to the bondholder on the face value of the bond.

Coupon Yield

The per annum rate of interest a bond delivers, depicted as a proportion of its par value.

Yield to Maturity

The complete earnings projected from a bond assuming it is retained up to its expiration date.

Yield to Maturity

The total return anticipated on a bond if it is held until it matures, incorporating all coupon payments and the face value received at maturity.