Please answer the following questions: When credit becomes more costly and less available, total spending for goods...

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Finance

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

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Please answer the following questions:When credit becomes more costly and less available, totalspending for goods and services generally rise.TrueFalseIf prevailing interest rates, in the secondary markets.increase, the resale value of a fixed income contract (bond)decreases and vice versa.TrueFalseThe taxing and spending policies of the Federal Governmentdesigned to promote national ecomomic goals are known as "fiscalpolicy."TrueFalseMost states exempt their own municipal securities from their ownstate and local taxes.TrueFalseInsurance is the business of risk shifting.TrueFalseFirm commitment underwriting is performed by an investment bankthat has guaranteed the issuer a sum of money that will be raisedby an Initial Public OfferingTrueFalse