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Credit default swaps are most like:
Economic Profits
The surplus remaining after subtracting both the explicit and implicit costs from total revenues.
Productive Land Resources
Refers to natural resources that can be used for production purposes, such as agriculture, mining, and forestry.
Perfectly Inelastic
Describes a situation in economics where the quantity demanded or supplied does not change in response to a price change.
Perfectly Inelastic
A market condition where the quantity demanded or supplied is unresponsive to price changes, depicted graphically as a vertical line.
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