Examlex
In 2010, the net national debt was about $9 trillion or approximately $29,000 per person.
Face Value
Face value refers to the nominal or dollar value printed on a security or financial instrument, such as a bond or stock certificate.
Principal Amount
The initial size of a loan or debt on which interest is calculated, or the original investment amount in a financial instrument.
Maturity
The date on which a financial obligation must be repaid in full.
Zero-Coupon Bond
A debt security that does not pay interest but is traded at a deep discount, rendering profit at maturity when the bond is redeemed for its full face value.
Q40: The longer and more unpredictable that the
Q55: The "Taylor rule" is an example of
Q74: If workers underestimate inflation, the aggregate supply
Q82: Which of the following statements is incorrect?<br>A)
Q125: Open market operations generally involve the purchase
Q127: The demand for reserves increases as the
Q161: Monetarists use the equation of exchange to
Q166: In Figure 17-8, which of the following
Q169: When budget deficits take place in a
Q200: The reason that the Fed does not