Question 16 (2 points) Saved I: 43 Listen p Consider a 1year discount bond with a face value of $2,500 and an initial selling price of $2,150. If the buyer of this bond holds it until maturity, he or she will realize a yield (YTMJ of _ (approx). 0 84% _'_'_:- 28% 19% o 16% II: 511% Question 17 (2 points) Saved 43 Listen p Consider the market for red wine. If the price of heel, complement. rises andthe wages paid to laborers in the wine industry fall. then the equilibrium price at red wine will __ and the equilibrium quantity ol red wine will , cereris paribus. ? . . . fall ? . . . rise rise . . . ? .3}. fall . . . fall Question 15 (2 points) Saved {1) Listen } Consider the market for apples. If the price of oranges, a substitute, rises, and technology associated with the production of apples improves, then the equilibrium price of apples will _ and the equilibrium quantity of apples will _. other things constant. /'_'\\ - - '2 K2) . ...rise t/ \\t. ...fa|| \\J. ./"'\\I . K-) rise . . . fall /'7'\\ r l 7 . /.fall . . .. \\_,. fall . . .fall Question 19 (2 points) Saved Listen Consider the market for personal computers. If technology associated with computer production improves and consumer incomes rise (computers are normal goods), then the equilibrium price of computers will and the equilibrium quantity of computers will _ cateris paribus. fall . . . rise rise . . . ? O?... fall O ?.. . rise Ofall . . . ? Question 20 (2 points) Saved Listen Bond prices and bond yields are positively related. O True False