Which of the following assigns widely followed bond ratings?
A. The U.S. Treasury
B. The New York Stock Exchange
C. Standard & Poor's
D. The Federal Reserve
Answer: C
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How is economic growth graphically depicted?
A) The long-run aggregate supply curve shifts right. B) Aggregate demand shifts to the right. C) Short-run aggregate supply shifts left. D) The aggregate demand curve shifts to the left.
What did the former British Prime Minister Winston Churchill mean when he said,"Democracy is the worst form of government, except for all those other forms that have been tried from time to time"?
What will be an ideal response?
Setting a proper price is difficult in a nationalized industry because
a. costs will not be restricted by competitive pressures b. the government will have difficulty purchasing resources c. the government will have difficulty estimating demand for the product d. there is a consumer bias against government-supplied products e. government will not have access to relevant information
The supply of bonds rises, ceteris paribus, and the price of bonds __________. This __________ the interest rate and __________ the quantity demanded of money
A) rises; raises; lowers B) falls; lowers; raises C) rises; lowers; lowers D) falls; raises; lowers E) falls; lowers; lowers