We Can Use Macroeconomic Analysis to

question 56

Multiple Choice

We can use macroeconomic analysis to

• A) study the choices made by households.
• B) understand marginal changes in the macroeconomy.
• C) understand why economies grow.
• D) learn how to balance a checkbook.

Differentiate between bonds issued at a premium, face value, and discount.

Record journal entries for the issuance of bonds, including those issued at a premium or discount.

Record journal entries for bond interest payments, including the amortization of premiums and discounts.

Explain the amortization of bond premiums and discounts using the straight-line method.