The credit spread between government bonds and corporate bonds is ________
A) countercyclical and coincident
B) procyclical and coincident
C) procyclical and lagging
D) countercyclical and leading
E) acyclical
A
Economics
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We often choose the school we attend on the basis of how popular it seems to be. Such behavior is an example of ________
A) anchoring B) herding C) signaling D) sniping
Economics
After constructing a new factory, the cost of building the factory is a
A) past cost. B) sunk cost. C) variable cost. D) None of the above answers are correct.
Economics