The Existence of Rating Agencies Has

question 57

Multiple Choice

The existence of rating agencies has

• A)lowered returns on corporate bonds.
• B)raised returns on corporate bonds.
• C)left returns on corporate bonds largely unaffected.
• D)raised returns on both corporate bonds and Treasury securities.

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Definitions:

Oppositional Defiant Disorder

A behavioral disorder diagnosed in childhood characterized by ongoing patterns of disobedience, hostility, and defiant behavior towards authority figures.

Encopresis

A condition characterized by the repeated passing of feces into inappropriate places by a child who is past the age of toilet training.

Diagnosis

The identification of the nature and cause of a certain phenomenon, typically involving the examination of possible symptoms.

Age of Four

A developmental milestone age in childhood characterized by increased independence, imagination, and learning skills.