Bonds are a safer form of investment because
a. full bond payments are made before stockholders receive any dividends
b. they are guaranteed by the government
c. they are guaranteed by the investment industry
d. a stockholder's personal assets can be used to pay the bondholder's interest
e. bondholders can elect the board of directors
A
Economics
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The self-correcting property of the economy means that output gaps are eventually eliminated by:
A. increasing or decreasing potential output. B. government policy. C. decreasing inflation only. D. increasing or decreasing inflation.
Economics
The study of inflation is a topic in:
A. classical economics. B. macroeconomics. C. microeconomics. D. normative economics.
Economics