Multiple Choice
Suppose that a new bond rating service is established that specializes in rating municipal bonds that had not previously been rated.The likely result would be
A) a shift to the left in the demand curve for municipal bonds.
B) a shift to the left in the supply curve for municipal bonds.
C) an increase in the equilibrium interest rate.
D) a decrease in the equilibrium interest rate.
Correct Answer:
Verified
Correct Answer:
Verified
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