Equities is to ________ as bond is to ________

A) ownership; debt
B) fairness; constraint
C) stock; asset
D) banks; exchanges

A

Economics

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The creation of a lender of last resort in the United States

A) occurred in response to banking panics. B) was mandated in the U.S. Constitution. C) occurred in response to the S&L crisis of the 1980s. D) has been recommended by the Treasury in its report of late 1992.

Economics

An owner of a local salon realized that by decreasing the prices that she charges for haircuts, her revenue has increased. This implies that

a. The demand for her haircuts is elastic b. The demand for her haircuts is inelastic c. The demand for her haircuts is unitary elastic d. The demand for her haircuts is perfectly inelastic

Economics