There are different interest rates associated with many types of securities. Which of the following statements is correct?
A) they vary depending on the liquidity of the security
B) they vary depending on the risk associated with the security
C) except in very unusual times, most interest rates move together
D) all of the above
E) none of the above
D
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Which of the following did NOT play a role in keeping Greece from defaulting between 2010 and 2012?
A) International Monetary Fund B) United Nations C) European Union D) European Central Bank
The law of demand states that
a. there is a positive relationship between price and quantity demanded b. price is the only factor that influences the quantity that people are willing and able to buy c. price and quantity demanded are inversely related d. the demand curve shifts whenever the price of a good changes e. by producing a product, firms create a demand for it