Examlex
If the market rate of interest is 10%, a $10,000, 12%, 10-year bond that pays interest semiannually would sell at an amount
Doggerel
A term unrelated to economics, referring to irregularly or poorly constructed verse, often of a humorous or trivial nature.
Paasche Price Index
An economic indicator that measures the change over time in the cost of a fixed basket of consumer goods and services, using the current period as the base.
Doggerel
Verse or words that are poorly written or expressed, often characterized by clichés, sloppy meter, and a lack of seriousness or artistic depth.
Revealed Preference
A theory in economics that assumes individuals' preferences can be discerned by observing their purchasing habits and behaviors.
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