Which of the following could prevent the opportunistic behavior of firms?

The _________________________ hold claims to the interest on borrowed funds that are secured by individuals, businesses and property.

Fill in the blank(s) with the appropriate word(s).

If a good is inferior and its price increases,

a. the income effect will be positive and the substitution effect will be positive. b. the income effect will be negative and the substitution effect will be negative. c. the income effect will be positive and the substitution effect will be negative. d. the income effect will be negative and the substitution effect will be positive.