Suppose That a New Bond Rating Service Is Established That

question 79

Multiple Choice

Suppose that a new bond rating service is established that specializes in rating municipal bonds that had not previously been rated.The likely result would be

• A) a shift to the left in the demand curve for municipal bonds.
• B) a shift to the left in the supply curve for municipal bonds.
• C) an increase in the equilibrium interest rate.
• D) a decrease in the equilibrium interest rate.

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Definitions:

Low LPC Leader

Refers to leaders who are task-oriented and prioritize work and tasks over interpersonal relationships, as determined by the Least Preferred Coworker (LPC) scale in Fiedler's Contingency Model.

Unfavorable Situations

Circumstances that are detrimental, disadvantageous, or not conducive to success.

Charismatic

Possessing a natural ability to attract, inspire, or influence people through personal charm and appeal.

Transformational Leaders

Individuals who inspire and motivate others to achieve extraordinary outcomes by embracing change, fostering innovation, and empowering followers.