This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The phenomenon that some consumers pay a higher interest rate when they borrow than the interest ... (Read 101 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
The phenomenon that some consumers pay a higher interest rate when they borrow than the interest rate they receive when they lend is best described as an example of
 
  A) irrational behavior.
  B) a credit market imperfection.
  C) a vast banking conspiracy.
  D) the burden of public debt.

Question 2

Instruments which provide payments to holders of bonds in the event of default are known as ________.
 
  A) collateralized bond obligations
  B) tertiary payment devices
  C) credit default swaps
  D) mortgage-backed securities


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


cookcarl

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Excellent

sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Feedforward control of breathing rate in an animal trained for athletic exercise. Feedforward control of breathing rate in an animal trained for athletic exercise.
Maximal Heart Rate Over Time Maximal Heart Rate Over Time
Red Bull uses strategies that help it target college-aged, young-adult consumers Red Bull uses strategies that help it target college-aged, young-adult consumers
Higher-Order Conditioning Higher-Order Conditioning
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
You deposit $2000 each year into an account earning 4% interest compounded annually. How much ... You deposit $2000 each year into an account earning 4% interest compounded annually. How much ...
Video: Anaphylaxis Animation

For a complete list of videos, visit our video library