Credit risk refers to the probability that the issuer of a bond will fail to pay some or all of the interest or principal
a. True
b. False
Indicate whether the statement is true or false
True
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When looking at a monopolist's level of output, you can expect to find
A. average revenue greater than price. B. price greater than marginal cost. C. marginal cost greater than marginal revenue. D. marginal revenue greater than price.
After adjusting for institutional factors, economists have found that:
A. institutional factors explain some of the lower pay that women receive, but workplace discrimination also appears to play a role. B. workplace discrimination explains all of the pay difference between men and women. C. institutional factors explain all of the pay difference between men and women. D. there is no discrimination; all of the pay difference between men and women can be explained by differences in education and experience.