Chronic trade deficits lead to a growing national debt

Explicit provisions in a loan agreement that prohibit the borrower from engaging in certain activities is called:

A) credit rationing B) restrictive covenants C) credit-risk analysis D) adverse selection

Lisa eats both pizzas and burritos. If the price of a pizza increases, Lisa's opportunity set

A) becomes larger. B) becomes smaller. C) is unchanged. D) cannot be determined without more information.