The Sum of the Current Yield and the Rate of Capital

question 6

Multiple Choice

The sum of the current yield and the rate of capital gain is called the

• A)rate of return.
• B)discount yield.
• C)perpetuity yield.
• D)par value.

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Definitions:

Normal Good

An item for which demand increases as the income of consumers increases, showing a direct relationship between income and demand.

Income Elasticity

A measure of how much the demand for a good changes as the income of consumers changes.

Normal Good

A good for which demand increases as the income of consumers increases, showing a positive correlation between income and demand.

Pizza

A popular dish of Italian origin consisting of a round, flattened base of leavened wheat-based dough topped with tomatoes, cheese, and often various other ingredients.