Examlex
Which of the following is a microeconomic question?
Default Risk
The possibility that a borrower will be unable to make the required payments on their debt obligations.
Marketable Securities Portfolio
A collection of liquid financial instruments and securities that can be quickly converted into cash at a value close to the market rates.
Treasury Bills
Short-term government securities with maturity periods of one year or less, sold at a discount from their face value.
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