In the Fall of 1998 We Saw an Increase in the Risk

question 16

Multiple Choice

In the fall of 1998 we saw an increase in the risk spread because:

• A) the risk spread always increases as we approach the end of the year.
• B) the Russian government defaulted on some of its bonds.
• C) there was an extraordinarily large amount of corporate fraud being reported in 1998.
• D) there was a significant increase in U.S. income tax rates.

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Definitions:

Restriction Enzymes

Proteins used by bacteria to cut DNA at specific sequences, widely used in molecular biology for DNA manipulation.

Bacteriophage DNA

Genetic material of bacteriophages, which are viruses that infect bacteria.

Okazaki Fragments

Short strands of DNA formed on the lagging strand during DNA replication, which are later joined to form a continuous strand.

Restriction Enzyme

One of a class of enzymes that cleave DNA at specific base sequences; produced by bacteria to degrade foreign DNA; used in recombinant DNA technology.