What is mortgage______________?
A. Conveyance of property as security for debt
B. Conveyance of company security for debt
C. Guarantee for debt
D. Assurance of debt repayment
A. Conveyance of property as security for debt
B. Conveyance of company security for debt
C. Guarantee for debt
D. Assurance of debt repayment
A. Gross domestic product
B. National income
C. Gross domestic income
D. Gross national income
A. The government intervenes to influence the exchange rate
B. The exchange rate should adjust to equate the supply and demand of the currency
C. The Balance of payments should always be in surplus
D. The Balance of payments will always equal the government budget
A. Crucial
B. Core
C. Primary
D. Secondary
A. Labour costs are a high percentage of total costs
B. Demand for the final product is price inelastic
C. It is relatively easy to substitute capital for labour
D. There are many substitutes for the final product
A. Rolling debt
B. Bad debt
C. Rescheduling
D. Default
A. Patents
B. Internal economies of scale
C. Mobility of resources
D. High investment costs