Bonds issued by state and local governments are called _____ bonds. Bonds issued by financially shaky corporations are called _____ bonds. Of these two, which type of bond usually pays a relatively higher interest rate?
Fill in the blank(s) with correct word
municipal, junk, junk
You might also like to view...
In equilibrium the typical investor __________
a. prefers high risk assets to low risk assets b. prefers low risk assets to high risk assets c. is indifferent between buying low and high risk assets d. does not stay in the market
All of the following influence the government's decisions to allow various tax deductions, tax exemptions, tax credits, and tax write-offs, except
a. matters of fairness b. incentives to work c. incentives to save d. incentives to invest e. incentives to vote
Real GDP per person equals average labor productivity:
A. times the share of population employed. B. minus the share of population employed. C. times one minus the unemployment rate. D. times the labor force participation rate.
Which of the following would most likely prevent the firm from shutting down?
a. the AVC curve moving further above P
b. the ATC curve moving partly below P
c. the ATC curve moving further above P
d. the AVC curve moving completely below P