Which Statement If False

question 18

Multiple Choice

Which statement if false?

• A)If the U.S.can produce rice more efficiently than Japan can,the U.S.enjoys an absolute advantage.
• B)Economists dislike both tariffs and import quotas.
• C)Under the law of comparative advantage,total output is greatest when each product is made by the country that produces it most efficiently.
• D)No nation will engage in trade with another nation unless it will gain by that trade.

Appreciate the importance of cognitive flexibility in personal and intellectual development.

Acknowledge historical shifts in the age of childbirth.

Identify patterns of drug use among emerging adults in and out of college.

Understand the characteristics and significance of postformal thought.

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Definitions:

Coupon Rate

The interest rate the issuer of a bond agrees to pay annually to the holder, expressed as a percentage of the bond's face value.

Quoted

Refers to stating the current price of a stock, bond, commodity, or any financial instrument, or the most recent bid and ask prices available.

Yield To Maturity

The cumulative earnings forecasted from a bond assuming it is kept until its expiration date.

Annual Coupon

The yearly interest payment made to bondholders, generally expressed as a percentage of the bond's face value.