Identify the Incorrect Statement

question 72

Multiple Choice

Identify the incorrect statement.

• A)Canada Savings Bonds are marketable bonds.
• B)Long-term bonds embody more inflation risk than short-term bonds.
• C)A bond denominated in U.S.dollars subjects a Canadian bondholder to foreign currency risk.
• D)Bonds sold before they mature can incur capital gains or losses.
• E)Provincial bonds are relatively risk free

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Definitions:

Ownership Of Resources

The legal right or control individuals or entities have over natural, physical, or intellectual properties and resources.

Economic Activities

Activities that involve the production, distribution, and consumption of goods and services within an economy.

Absolute Advantage

The capability of a country or individual to produce more of a good or service with the same amount of resources as competitors.

Opportunity Cost

The price paid for not selecting the next most favorable opportunity when deciding.