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1-The Business sector's demand for loanable funds is considered inelastic . a. False b True 2-The house-hold sector is the only deficit unit
1-The " Business sector's " demand for loanable funds is considered inelastic . a. False b True
2-The house-hold sector is the only deficit unit in the economy. a False Ob True
3-Stockbrokers tend to tend to experience smaller "spreads" during recessions. a . False
b.true
4-Required returns on bonds tend to be higher than required returns on stocks because bonds have higher risk. a False True
5-Corporate bond indentures include managerial restrictive covenants such as not being able to declare dividends without prior approval by trustees. O aFalse O b True
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