In the bond market, the buyer is considered to be
A) the lender.
B) the borrower.
C) the lender or the borrower, depending upon the use to which the funds are put.
D) the lender or the borrower, depending upon whether interest rates are rising or falling.
A
Economics
You might also like to view...
When the United States was under the gold standard, recessions were ________ and long-term inflation was ________
A) more frequent; virtually nonexistent B) less frequent; virtually nonexistent C) more frequent; prevalent D) less frequent; prevalent
Economics
If money demand shifts right, the price level falls
a. True b. False Indicate whether the statement is true or false
Economics