"Default" occurs when?
A. bond issuers fail to make promised payments.
B. corporations go bankrupt and stock becomes worthless.
C. bond purchasers fail to pay full price for a bond.
D. stocks are not federally insured.
A. bond issuers fail to make promised payments.
Economics
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When prices rise:
A) money supply tends to rise. B) menu costs tend to fall. C) consumers' purchasing power falls. D) money demand tends to fall.
Economics
When property rights are assigned and transactions costs are low
A) all costs and benefits are taken into account by the transacting parties so the transaction is efficient. B) externalities will lead to market failure. C) the marginal social benefit curve shifts leftward. D) the marginal social cost curve shifts rightward.
Economics