An unexpected fall in the Purchasing Managers' Index should send bond prices __________ and stock prices __________
A) up; up
B) up; down
C) down; up
D) down; down
B
Economics
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Transaction deposits
A) are deposits in a thrift institution or a commercial bank on which a check may be written. B) are only deposits that you can check on through the Internet. C) include savings accounts. D) are accounts that pay interest to the depositor.
Economics
If a bond is sold in the secondary market,
a. the issuing firm is buying back its own bond b. the issuing firm does not obtain any part of the price c. the seller remits a portion of the price to the issuing firm d. the yield must be insufficient to justify sale on the primary market e. the seller is the issuing firm
Economics