If Brokerage Commissions on Stocks Fall,everything Else Held Constant,the Demand

question 105

Multiple Choice

If brokerage commissions on stocks fall,everything else held constant,the demand for bonds ________,the price of bonds ________,and the interest rate ________.

• A)decreases;decreases;increases
• B)decreases;decreases;decreases
• C)increases;decreases;increases
• D)increases;increases;increases

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Definitions:

Work Ethic

A set of values based on the importance of doing work and reflected in a commitment to hard work and diligence.

Baby-Boomer

A person born during the demographic post-World War II baby boom, typically identified as someone born between 1946 and 1964.

Differentiation

The process of distinguishing a product, service, or business in the market by developing unique features, benefits, or capabilities.

Communication

The process by which information is exchanged between individuals through a common system of symbols, signs, or behavior.