When the market estimate of a company's riskiness decreases the market adjusts by
a. having the supply of that bond increase.
b. having the supply of that bond decrease.
c. having the demand for that bond increase.
d. having the demand for that bond decrease.
C
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The unemployment rate of today is significantly lower than that rate one hundred years ago
Indicate whether the statement is true or false
Refer to Figure 8.2. As the competitive industry, not just the firm in question, moves toward long-run equilibrium, the firm will be forced to operate at what level of output?
A) 22 B) 34 C) 38. D) 50 E) 64
When the Fed buys bonds in the open market, it pursues an expansionary monetary policy
a. true b. false
The basic proposition in international trade is that
A) trade is determined by absolute advantage. B) in the long run, imports are paid for by exports. C) everyone is made better off by free trade. D) fair trade is more important than free trade.