Which One of the Following Terms Is Used to Describe

question 53

Multiple Choice

Which one of the following terms is used to describe international bonds issued in a single country and generally denominated in that country's currency?

• A)Eurobonds
• B)American Depositary Receipts
• C)Foreign bonds
• D)Swaps
• E)Gilts

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Definitions:

Constant Returns

A situation in production where increasing the inputs by a certain proportion results in an increase in output by the same proportion.

Input Prices

The costs associated with the purchase of the materials, labor, and other inputs required for the production of goods or services.

Marginal Returns

The additional output gained by employing an additional unit of a resource.

Labor

The measure of the work done by human beings in the economy, often referred to in terms of hours worked or total workforce.