Doomsday projections have generally
a. been correct.
b. been incorrect, but with better technology and the ability to predict the future, these forecasts have become much more accurate in the last few decades.
c. been inconsistent. Some projections came true, others failed.
d. been wrong.
D
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As default risk increases, the expected return on corporate bonds ________, and the return becomes ________ uncertain, everything else held constant
A) increases; less B) increases; more C) decreases; less D) decreases; more
Dumping is the practice of
a. selling a lower quality product abroad b. selling a commodity abroad at a price lower than the domestic price c. selling a commodity abroad at a price higher than the domestic price d. flooding a foreign market with large quantities of a good e. most less-developed countries but not industrialized countries