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    Principles of Macroeconomics Study Set 12
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    Exam 14: Financial Crises, Stabilization, and Deficits
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    A Bond Is
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A Bond Is

Question 121

Question 121

Multiple Choice

A bond is


A) a share of ownership in a company.
B) a document that formally promises to repay a loan.
C) a promise to pay a dividend.
D) a non-contingent payment.

Correct Answer:

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