An instrument developed to help investors and institutions hedge interest-rate risk is
A) a debit card.
B) a credit card.
C) a financial derivative.
D) a junk bond.
C
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The figure above illustrates the current market for fast-food workers in Baltimore
a. Without any government intervention, what is the equilibrium wage rate and amount of employment? b. If the city government imposes a minimum wage of $3 an hour, what is the amount of employment? Does the minimum wage create any unemployment? Why or why not? c. If the city government imposes a minimum wage of $6 an hour, what is the amount of employment? Does the minimum wage create any unemployment? Why or why not?
Global capital markets have which of the following characteristics
A) ease of entry. B) many sellers. C) very competitive. D) all of these choices characterize this market.
The following are features of the Asian model
a. high savings b. low shares of government c. large investments in human capital d. a, b and c are correct e. only a and c are correct
A monopolistically competitive firm
a. charges a price that is equal to marginal cost. b. experiences a zero profit in the long run. c. produces at the efficient scale in the long run. d. All of the above are correct.