Canadian Government Bonds Have No Default Risk Because ________

question 58

Multiple Choice

Canadian government bonds have no default risk because ________.

• A) they are backed by the full faith and credit of the federal government
• B) the federal government can increase taxes to pay its obligations
• C) they are backed with gold reserves
• D) they can be exchanged for silver at any time

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Definitions:

Psychosocial Developmental Task

Challenges or duties that individuals are expected to accomplish during different stages of their life as part of their emotional and social development.

Generativity

A concern for establishing and guiding the next generation, often seen as a stage of psychosocial development in middle adulthood.

Toilet Training

The process of teaching a young child to control their bladder and bowel movements and to use the toilet for elimination.

Independence

The state of being free from outside control or support, capable of thinking or acting for oneself.