If a firm has invented a new cancer drug, the firm would seek which of the following to protect their intellectual property?

Prices and returns for ________ bonds are more volatile than those for ________ bonds, everything else held constant

A) long-term; long-term B) long-term; short-term C) short-term; long-term D) short-term; short-term

The monetary base minus currency in circulation equals

A) reserves. B) the borrowed base. C) the nonborrowed base. D) discount loans.