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valputin valputin
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8 years ago
U.S. government bonds have no default risk because
A) they are backed with gold reserves.
B) they can be exchanged for silver at any time.
C) they are issued in strictly limited quantities.
D) the federal government can increase taxes or print money to pay its obligations.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
8 years ago
@valputin,

Happy to help Slight Smile
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