Debt instruments are also called
A) equities.
B) credit market instruments.
C) prospectuses.
D) units of account.
B
Economics
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Exchange rates are determined in
A) the money market. B) the foreign exchange market. C) the stock market. D) the capital market.
Economics
Answer the following questions true (T) or false (F)
1. Economic efficiency is a market outcome in which the marginal benefit to consumers is equal to the marginal cost of production and the sum of consumer surplus and producer surplus is maximized. 2. If marginal benefit is greater than marginal cost, output is inefficiently high. 3. Deadweight loss refers to the reduction in economic surplus resulting from a market not being in competitive equilibrium.
Economics