Canvas

$02$:$29$:$37$

Time Remaining

$3$

Multiple Choice

$2$ points

The spread between the interest rates on bonds with default risk and default$-$free bonds is called the

junk margin

default premium

risk premium

bond margin

$4$

Multiple Choice

$2$ points

$2$

$3$

Which of the following statements is false?

$4$

$5$

$6$

$7$

$5$

Multiple Choice

$2$ points

$8$

Which of the following occurs when disposable income is zero?

$9$

$10$

$$ none of these

saving must be positive

$11$

consumption must be zero

consumption is negative

$12$

saving must be zero