If You Want to Buy U

question 106

Multiple Choice

If you want to buy U.S.savings bonds,you may purchase them

• A) Through a TreasuryDirect account.
• B) At a financial institution.
• C) Online.
• D) All of these.
• E) Online and through TreasuryDirect.

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Definitions:

Marginal Revenue

The extra revenue obtained by selling an additional unit of a product or service.

Upsloping Line

A graphical representation indicating positive correlation between two variables; as one variable increases, so does the other.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers, usually downward sloping.

Pure Competition

A market structure characterized by a large number of small firms, a homogeneous product, and easy entry and exit from the market.