Macroeconomists Study

question 6

Multiple Choice

Macroeconomists study:

• A)the determination of real GDP.
• B)the production of specific goods.
• C)the relative production in different markets.
• D)all of the above.

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Definitions:

Par Value

The stated value of a bond, stock share, or coupon as declared by the issuer.

Annual Coupon

The interest payment distributed each year to holders of bonds, generally represented as a percentage of the bond's principal amount.

Maturity

The date on which the principal amount of a note, draft, acceptance bond, or another debt instrument becomes due and is repaid to the investor.

Market Interest Rate

The prevailing rate of interest that is available in the market for savings, loans, and investments.