A Likely Consequence of Debt Default Is

question 15

Multiple Choice

A likely consequence of debt default is:

• A)a decrease in the federal cost of borrowing.
• B)an increase in unemployment due to growing uncertainty.
• C)a sudden decline in the market interest rates.
• D)an increase in the credit flows in an economy.
• E)a sudden increase in the investment flows in the economy.

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Definitions:

Psychological Demands

The cognitive and emotional requirements or pressures that a task or environment imposes on an individual.

Decision Control

The capability to influence the outcome of a decision by choosing among various available actions.

Working Women

Females who are engaged in employment or work, either in formal or informal sectors.

Full-Time Workforce

Employees or laborers who work the standard workweek hours, often considered to be around 40 hours in many countries.