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NEW QUESTION: 1
If a government, on grounds of economic efficiency, were to levy a tax on an industry because of the pollution caused by production in the industry, the tax should be equal to
A. the excess profits earned by the industry
B. the difference between the private and social costs of production
C. the costs of clearing up previous pollution caused
D. the amount required to eliminate consumer demand for the product
Answer: B

NEW QUESTION: 2
agreements may contain par cap provisions that could significantly alter the economics of the transactions.
A. Yield-maintenance
B. Accounting
C. Price-cap
D. Fixed-coupon
Answer: A

NEW QUESTION: 3
For an asset with duration of 8.65, a 100 basis point increase in required return will:
A. cause the price of the asset to increase by approximately 8.65%
B. cause the price of the asset to
decrease by approximately 8.65%
C. cause the price of the asset to decrease by approximately 4.33%
C cause the price of the asset to decrease by approximately 8 65%
Answer: B
Explanation:
There is an inverse relationship between the price of a bond and the bond's required return.
Duration is an estimate of the percentage change in the bond's price in response to a 100 basis point change in required return.

NEW QUESTION: 4
감기에 걸리는 시간을 줄이는데 도움이 될 수 있는 보충제로 과학 문헌에 어떤 것이 실증 되었으나 불안과 고 혈청 콜레스테롤로 복용 한 약물과 상호 작용하는 것으로 나타 났습니까?
A. 에키 네시아
B. 마황
C. 카바 카바
D. 세인트 존스 워트
Answer: A