The Fact That the Supply Curve for a Given Firm's

question 95

Multiple Choice

The fact that the supply curve for a given firm's bond is vertical reflects the fact that

• A)at any given point in time there are a fixed number of those bonds in existence.
• B)firms adjust the number of bonds they issue on a daily basis
• C)investors do not adjust their portfolios when interest rates change
• D)government limits the amount of bonds a company can issue

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