Please answer the following questions: When credit becomes more costly and less...
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Finance
Please answer the following questions:
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When credit becomes more costly and less available, total spending for goods and services generally rise.
True
False
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If prevailing interest rates, in the secondary markets. increase, the resale value of a fixed income contract (bond) decreases and vice versa.
True
False
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The taxing and spending policies of the Federal Government designed to promote national ecomomic goals are known as "fiscal policy."
True
False
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Most states exempt their own municipal securities from their own state and local taxes.
True
False
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Insurance is the business of risk shifting.
True
False
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Firm commitment underwriting is performed by an investment bank that has guaranteed the issuer a sum of money that will be raised by an Initial Public Offering
True
False
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