You would be less willing to purchase U.S. Treasury bonds, other things equal, if
A) you inherit $1 million from your Uncle Harry.
B) you expect interest rates to fall.
C) gold becomes more liquid.
D) stock prices are expected to fall.
C
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The majority of the elderly can live comfortably on the assets they have accumulated
Indicate whether the statement is true or false
Some of the benefits of globalization include
A) increased international trade. B) greater income per person. C) lower prices for goods. D) greater product variety. E) all of the above
John Maynard Keynes thought that when interest rates fell to very low levels, people would
A. keep their money in the bank. B. lend out their money. C. buy bonds. D. hold their money.
As the demand for land rises
A. rents rise and more marginal land comes into use. B. rents fall and more marginal land comes into use. C. rents rise and more land becomes marginal. D. rents fall and more land becomes marginal.