Secondary markets make financial instruments more
A) solid.
B) vapid.
C) liquid.
D) risky.
C
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The labor force divided by the working age population equals the:
A. participation rate. B. unemployment rate. C. population rate. D. employment rate.
In explaining economic growth, new growth theory stresses the role played by
A) women in the workforce. B) the government in directing the nation's investments. C) population moderation. D) the participation rate of elderly workers. E) human choices.
According to opportunity-cost theory, people will find themselves increasingly "short of time" when
A) their demand curves become less elastic. B) their demand curves become more elastic. C) their income declines. D) they become wealthier. E) they lose valuable opportunities.
The ________ approach relies on the right discretionary policy to close the gap through a ________ of the aggregate demand curve
a. passive; decrease b. active; increase c. passive; increase d. active; decrease