A high-risk premium makes default more likely.
Answer the following statement true (T) or false (F)
True
Payments increase with a high-risk premium and since higher expenses leave less to pay off the loan, a default seems more likely.
Economics
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A currency board is set up to:
a. manage free-floating currencies. b. gradually eliminate currency pegs. c. give a peg added durability. d. immediately eliminate currency pegs.
Economics
The law of diminishing marginal returns results in average total cost eventually
A. decreasing at an increasing rate. B. increasing at an increasing rate. C. decreasing at a decreasing rate. D. increasing at a decreasing rate
Economics