Which of the following are bonds that are not registered on the books of the issuer ?
Correct answer: D. Bearer bond
- A. Open bond
- B. Blank bond
- C. Term bond
- D. Bearer bond
Explanation
Bearer bonds are not registered in the owner's name on the issuer's books; possession generally establishes ownership. Registered bonds, by contrast, record the holder's identity.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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