Financial securities that represent promises to repay a fixed amount of funds are known as
A) bonds.
B) stocks.
C) pension funds.
D) insurance premiums.
Answer: A
You might also like to view...
Governments promote long-run inflation when they depend on ________ to finance their expenditures
A) issuing bonds B) taxation C) raising the national debt D) money creation E) selling off assets
Which of the following institutions form the private sector in an economy?
a. Only households b. Households and the government c. Households, businesses, and foreign firms d. Households and businesses only e. Foreign investors and foreign governments
The opportunity cost of something is what you give up to get it
a. True b. False Indicate whether the statement is true or false
Featherbedding refers to
A) training programs initiated by the unions to make the less-skilled workers more productive. B) attempts by management to reduce workers' interest in a union. C) the practice that forces employers to use more labor than they would otherwise. D) the amount of the union premium.