A flight to quality refers to a shift by savers from
A) bonds and into stocks.
B) stocks and into gold or other precious metals.
C) bonds and into real assets, such as real estate.
D) low-quality bonds and into high-quality bonds.
D
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A scatter diagram of money growth rates and inflation rates from 1982 to 2010 indicates
A. a clear direct relationship between money growth and inflation. B. a clear indirect relationship between money growth and inflation. C. no clear relationship between money growth rates and inflation. D. that inflation is always and everywhere a monetary phenomenon.
As a component of GDP, consumption expenditures refers to purchases by consumers of currently produced goods and services
Indicate whether the statement is true or false
________ questions have to do with explanation and prediction, ________ questions have to do with what ought to be
A) Positive; negative. B) Negative; normative. C) Affirmative; positive. D) Positive; normative. E) Econometric; theoretical.
If companies who took into account an externality want to supply more at any given price compared to the original supply, they must have addressed a:
A. positive externality. B. negative externality. C. network externality. D. social externality.