The ________ Is the Face Value of a Bond,and the Amount

question 84

Multiple Choice

The ________ is the face value of a bond,and the amount that is returned to the bondholder at maturity.

• A)return price
• B)par value
• C)dead price
• D)market price
• E)none of the above

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Definitions:

Aggregate Expenditures

are the total amount of spending on goods and services in an economy at a given level of income during a specified period.

Recession

A phase of short-term economic downturn characterized by decreased trading and industrial output, generally recognized by a drop in Gross Domestic Product across two consecutive quarters.

National Debt

The aggregate financial obligations incurred by a government of a country through borrowing.

Tax Revenue

The income gained by the government through taxation, which is then used to fund public services and governmental functions.