Barter is an inefficient means of exchange because
A) barter transactions require a double coincidence of wants.
B) barter only occurs in relatively primitive economies.
C) demand will not necessarily equal supply.
D) in a barter transaction only one party needs to want what the other party has to sell.
A
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A company that retains a high bond rating during a recession in which many other companies see their bond ratings cut will experience
A) an increased flow of funds into the market for its securities. B) an increased demand for its securities, resulting in a higher expected return. C) a decreased demand for its securities, resulting in a lower expected return. D) a decreased flow of funds into the market for its securities.