The spread between interest rates on low quality corporate bonds and U.S. government bonds
A) widened significantly during the Great Depression.
B) narrowed significantly during the Great Depression.
C) narrowed moderately during the Great Depression.
D) did not change during the Great Depression.
A
You might also like to view...
The figure below shows the supply and demand curves for oranges in Smallville. At a price of $4 per pound there will be an excess ________ of ________ pounds of oranges per day.
A. demand; 20 B. supply; 20 C. demand; 30 D. supply; 10
It is common to see convenience stores open 24 hours a day even though many times late at night or in the early hours of the morning there are very few customers. What can explain this seemingly odd behavior?
What will be an ideal response?
Temporary, short-term discount loans to banks in areas in which agriculture and tourism are important are known as
A) primary credit. B) secondary credit. C) seasonal credit. D) repo loans.
Fiscal policy refers to the government's attempt at regulating the economy through the use of changes in:
A. Taxes and government spending B. Interest rates and borrowing C. Wage rates and contracts D. Exchange rates and foreign trade