When a borrower fails to pay back a loan according to the agreed-upon terms, it is called:

(Consider This) The central idea illustrated by the vignette on "catgut" used as violin strings is:

A. patent rights. B. research and development activity. C. derived demand. D. trade secrets.

When a government moves from a centrally planned economy to a market economy, this is an example of ________ policy.

A. monetary B. aggregation C. fiscal D. structural