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    Principles of Macroeconomics Study Set 8
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    Exam 13: Saving Investment and the Financial System: Financial Institutions in the US economy
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    On Which of These Bonds Is the Prospect of Default
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On Which of These Bonds Is the Prospect of Default

Question 11

Question 11

Multiple Choice

On which of these bonds is the prospect of default most likely?


A) a junk bond
B) a municipal bond
C) a U.S.government bond
D) a corporate bond issued by Proctor & Gamble Corporation

Correct Answer:

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