Examlex
A technological improvement lowers the cost of producing corn.As a result,the price of a pound of corn ________ and the quantity of corn ________.
Maturity Structure
The categorization of a company's or government's debt based on the lengths of time until those debts are due or mature.
Interest Rates
The fraction of a total amount of money that is levied as a fee for borrowing it, signifying the expense of taking out a loan or the earnings from putting money into savings.
Default Risk
The risk associated with a borrower failing to make required payments on a debt they owe.
Bond Agreement
A legal contract between the bond issuer and the bondholders, outlining the terms of the bond such as the interest rate, maturity date, and obligations of the issuer.
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