Which of the following is NOT true about commercial paper?
A) It is a short-term (six months or less) debt.
B) It is riskier than a Treasury bill.
C) It is issued by a "high-quality" corporate borrower.
D) It pays at a rate about double the Treasury bill.
E) It can be resold.
D
Economics
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If a rent ceiling is imposed that is less than the equilibrium rent, which of the following outcomes is most likely to occur?
A) reduced search activity B) black market activity C) a building boom D) a housing surplus E) None of the above answers is correct because to have an impact, the rent ceiling must be above the equilibrium rent.
Economics
If the GDP deflator is equal to 100, then for that year nominal GDP is equal to real GDP
Indicate whether the statement is true or false
Economics