A ____ is a type of derivative in which the seller promises to pay the buyer of a particular security the value of that security if it goes into default.
A. credit default swap
B. derivative
C. mortgage-backed security
D. futures contract
Answer: A
You might also like to view...
How did the global supply of savings impact the formation of the housing bubble?
What will be an ideal response?
A stock market
a. guarantees that a seller of a stock will get the price at which the stock was purchased. b. is used only to sell new stock issues from corporations and not to transfer existing stocks. c. is used only to sell stocks, not to buy stocks. d. gives an individual a chance to invest in stocks without committing funds for long periods of time.
If the CPI was 95 at the end of 2007 and 105 at the end of 2008, what was the inflation rate in 2008?
A) 105 percent B) 10.5 percent C) 9.5 percent D) 5 percent E) 10 percent
John is trying to decide how to divide his time between his job as a stocker in the local grocery store, which pays $7 per hour for as many hours as he chooses to work, and cleaning windows for the businesses downtown. He makes $2 for every window he cleans. John is indifferent between the two tasks, and the number of windows he can clean depends on how many hours he spends cleaning in a day, as shown in the accompanying table.Time cleaning windows (hours/day)Total number of windows cleaned0017211314416517 If we plot John's opportunity cost per window on the vertical axis and the number of windows cleaned each day on the horizontal axis, we will have John's ________ curve for window-cleaning services.
A. supply B. production possibilities C. benefit D. demand