According to the ratings given by Standard and Poor's, a bond rating of _____ implies that the issuer of bonds is in default

a. A
b. B
c. C
d. D
e. BB


d

Economics

You might also like to view...

If a shift in the demand curve that raises the price of oranges from $7 to $9 a bushel increases the quantity of oranges supplied from 4,000 bushels to 6,000 bushels, the

A) supply of oranges is elastic. B) supply of oranges is inelastic. C) demand for oranges is elastic. D) demand for oranges is inelastic.

Economics

Refer to Figure 1-1. Using the information in the figure above, calculate the percentage change in sales of alcoholic beverages between 2013 and 2015

A) 23.8% B) 40% C) 42.9% D) 73.3%

Economics

Which of the following is a characteristic of an oligopoly market?

a. Each firm in an oligopoly market can take independent pricing and output decisions. b. There are many firms in an oligopoly market hence a firm cannot influence the market price. c. In an oligopoly market, each firm's pricing and output decisions depend on those of its rivals. d. Firms in an oligopoly market always manufacture differentiated products. e. Barriers to entry does not exist in an oligopoly market.

Economics

Whenever any firms in a concentrated industry merge, the four firm concentration ratio: a. will rise

b. may rise or stay the same. c. may rise or fall. d. will fall.

Economics