A major purchaser of corporate bonds is

A) state and local governments.
B) money market mutual funds.
C) pension and retirement funds.
D) the Federal Reserve.

C

Economics

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What is the relationship between the marginal benefit, value, and demand?

What will be an ideal response?

Economics

A Chinese person reads The China Financial Times and notes that the exchange rate, dollars per yuan, is 9 . An American reading The Wall Street Journal sees the same rate expressed in yuans per dollar and it is

a. 9 b. 0.90 c. 90 d. 0.11 e. 0.09

Economics