Long-term bonds are
a. riskier than short-term bonds, and so interest rates on long-term bonds are usually lower than interest rates on short-term bonds.
b. riskier than short-term bonds, and so interest rates on long-term bonds are usually higher than interest rates on short-term bonds.
c. less risky than short-term bonds, and so interest rates on long-term bonds are usually lower than interest rates on short-term bonds.
d. less risky than short-term bonds, and so interest rates on long-term bonds are usually higher than interest rates on short-term bonds.
b
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The forecasting technique, which predicts technological trends and is carried out by a sequential series of written questions and answers is
A) the Delphi method. B) the market research method. C) opinion polling. D) the jury of executive opinion approach.
When a firm doubles its inputs, its output:
A. will less than double. B. will double. C. will more than double. D. All of these are possible.