Newly-issued high-yield bonds rated below investment grade by the bond-rating agencies are frequently referred to as
A) municipal bonds.
B) Yankee bonds.
C) "fallen angels."
D) junk bonds.
D
Economics
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According to the human skills theory
A) trade patterns depend upon a country's relative endowment of skilled workers. B) countries with large endowments of skilled labor will have comparative advantage in skilled labor intensive products. C) the Leontief paradox is explained by the fact that the United States is relatively skilled labor abundant. D) All of the above.
Economics
One fundamental difference between New Classical and the New Keynesian macroeconomics is that the New Keynesians model firms as ________ competitive price ________
A) perfectly, setters B) perfectly, takers C) imperfectly, setters D) imperfectly, takers
Economics