Which of the following students would be most likely to drop out of college before completing their degree?
A) a junior secondary education major who has just read about the substantial improvement in the job opportunities available for teachers with a college degree
B) a senior physics major with a solid B average
C) an outstanding baseball player in his junior year that just received a $500,000 offer from a professional team
D) a junior economics major who wants to attend law school
C) an outstanding baseball player in his junior year that just received a $500,000 offer from a professional team
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When the stock market is rising rapidly, what tends to happen to bond prices and interest rates on bonds?
a) Bond prices rise and interest rates on bonds fall. b) Bond prices rise and interest rates on bonds rise as well. c) Bond prices fall and interest rates on bonds fall as well. d) Bond prices fall and interest rates on bonds rise.
What is the difference between a devaluation and a depreciation?
What will be an ideal response?