Which of the following is NOT an example of a backup line of credit?
A) loan commitments
B) overdraft privileges
C) standby letters of credit
D) mortgages
D
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Explain the differences between a corporate bond, a municipal bond, and a Treasury bond. Which of these would be the least risky investment, and why?
What will be an ideal response?
________ is an attempt to ensure that more union labor is hired than producers would prefer. For example, a musician's union may require more musicians be employed in a Broadway musical than is required
a. Filibustering b. A lockout c. Binding arbitration d. Featherbedding
The U.S. government suspended the convertibility of the dollar into gold in
A) the 1930s. B) the 1950s. C) the 1970s. D) 1991, when the first Gulf War broke out.
Aging baby-boomers, predisposed to hearing loss because of years of listening to loud music, are now approaching the age range in which hearing loss starts to become apparent. What effect does this have on investment spending within the hearing aid industry?
A. The investment function relating planned real investment spending to the interest rate can be expected to shift leftward. B. There will no longer be an opportunity cost associated with investment spending. C. The investment function relating planned real investment spending to the interest rate can be expected to shift rightward. D. There will be no change in real investment spending, because hearing aid manufacturers will look only at the interest rate in determining whether to expand production.