A bond that is generally agreed to have higher default risk will experience all of the following EXCEPT:

A) declining demand
B) declining supply
C) higher yield
D) lower price


B

Economics

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From 1970 to 2007 the quantity of M1 fell from 20 percent of GDP to less than 10 percent. This change is because the ownership of credit cards ________ during this time period since ________

A) expanded from 18 percent to 76 percent; credit cards became more widely available and utilized B) expanded from 18 percent to 76 percent; there were several recessions during that period C) fell from 76 percent to 18 percent; credit cards became less widely available and utilized D) remained unchanged; credit cards do not affect the quantity of money E) fell from 76 percent to 18 percent; there were several recessions during that period

Economics

Perfectly competitive industries tend to produce low-priced, low-technology products

Indicate whether the statement is true or false

Economics

Which of the following is an effect of an increase in the price level in an economy?

a. The real value of dollar-denominated assets will fall b. The aggregate expenditure line will shift upward. c. The equilibrium real gross domestic product will increase. d. There will be a downward movement along the aggregate demand curve of the economy. e. The aggregate demand curve of the economy will shift rightward.

Economics

Which of the following is the most sensitive to interest rate changes?

a. The demand for non-durable goods. b. The demand for inexpensive goods. c. The demand for durable goods. d. The demand for necessities. e. The demand for services.

Economics