Potential investors expect to be compensated for additional risk by above-average interest rates.
Answer the following statement true (T) or false (F)
True
Potential lenders want to be compensated for default risk with above-average interest rates-that is, a risk premium.
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The figure above shows a perfectly competitive firm. The figure shows a firm
A) in the short run. B) in the long run. C) at its shutdown point. D) Both answers A and C are correct.
Which statement is true?
A. We have had a central bank since 1789. B. We have never had a central bank. C. Our central bank was formed in 1913. D. We did not have a central bank prior to the Federal Reserve.
In 2011, U.S. GDP totaled approximately:
a. $2.1 trillion b. $2.8 trillion c. $10.7 trillion d. $15.0 trillion
The idea that firms incur actual costs when they change prices is known as _____. Firms in countries with lower inflation rates will change price _____ frequently compared to those countries where inflation is higher
Fill in the blank(s) with correct word