Which of the Following Statements Is NOT CORRECT

question 68

Multiple Choice

Which of the following statements is NOT CORRECT?

• A) Any bond sold outside the country of the borrower is called an international bond.
• B) Foreign bonds and Eurobonds are two important types of international bonds.
• C) Foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold.
• D) The term Eurobond applies only to foreign bonds denominated in U.S.currency.
• E) A Eurodollar is a U.S.dollar deposited in a bank outside the U.S.

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Definitions:

Indifference Curves

Indifference curves are graphs showing different combinations of goods between which a consumer is indifferent, suggesting equal levels of utility or satisfaction.

Utility

A measure of satisfaction, pleasure, or usefulness obtained from consuming goods and services.

Indifference Curves

Graphical representations showing combinations of goods or services that provide the same level of satisfaction to a consumer.

Ordinary Goods

In a consumer’s utility function, those for which additional units of one good are required to compensate for fewer units of another, and vice versa; and for which the consumer experiences a diminishing marginal rate of substitution when substituting one good in place of another.