The type of credit insurance that landed AIG into trouble in 2008 is called

A) insurance rate swaps.
B) monoline insurance.
C) default insurance.
D) credit default swaps.

D

Economics

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If worker output is not measurable in physical units, and employees are hard to monitor, it would be best to organize the firm using

A) a command system. B) a monitoring system. C) an incentive system. D) None of the above answers is correct.

Economics

Stagflation occurs when inflation ________ and GDP ________

A) rises; falls B) falls; rises C) falls; falls D) rises; rises

Economics