Credit risk is:
a. The chance of a change in the market value of a security due to changes in macroeconomic variables, such as interest rates or exchange rates.
b. The risk that credit cannot be expanded by the banking system due to central bank regulations.
c. The chance that you will not be able to get a credit card when you really need it.
d. The chance that borrowers will be unable or unwilling to repay their debts.
e. The chance that a company will not be able to get a loan (i.e., credit) when it needs funding.
.D
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?Kites /hourSnowboards /hourJesse81April123
Based on the data in Table 3.1:
A. Jesse should specialize in painting kites and trade for snowboards. B. Jesse should specialize in painting snowboards and trade for kites. C. April should specialize in both goods. D. Jesse should specialize in both goods.
Marketers have no incentive to introduce products that are not designed to sell.
Answer the following statement true (T) or false (F)
In the diagram, the economy's short-run AS curve is line ___ and its long-run AS curve is line ___.
A. 1; 3
B. 2; 4
C. 3; 4
D. 2; 1
In a long-run equilibrium in a monopolistically competitive industry that produces information products, revenues are equal to the ________ costs of developing, producing, and selling the product
A) total B) fixed C) variable D) marginal