An asset that derives its value from some other underlying asset is a

A) stock.
B) bond.
C) derivative.
D) CD.

C

Economics

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Which of the following would cause a leftward shift in the demand curve for a good?

A) an increase in income B) an increase in the price of a complementary good C) an increase in the price of a substitute D) the expectation that there will be a shortage in the availability of the good

Economics

Assume that an economy experiences both positive population growth and technological progress. Once the economy has achieved balanced growth, we know that output (Y) is

A) constant. B) growing at a rate of gA + gN. C) growing at a rate of gN. D) growing at a rate of gA. E) growing at a rate of gA - gN.

Economics