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
a
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How would the Fed's sale of government bonds on the open market affect the money supply?
What will be an ideal response?
Kauri’s country is building new factories to help increase the country’s production of woolen cloth. What is Kauri’s country investing in?
a. technology b. human capital c. natural resources d. physical capital
Government tax revenues collected annually from casinos total approximately
A. $100 million. B. $1 billion. C. $10 billion. D. $500 million.
If no foreign residents owned any of the U.S. public debt, then it would be TRUE that
A. there would be no interest payments on the public debt. B. U.S. residents would essentially owe the public debt to themselves. C. there would be no distributional consequences associates with he public debt. D. the public debt would naturally disappear over time.