Moderate

Which of the following is not rated by credit rating agencies ?

Correct answer: A. Shares

  • A. Shares
  • B. Debentures and bonds
  • C. Commercial paper
  • D. Government securities

Explanation

Credit-rating agencies assess debt and money-market instruments such as bonds, debentures, commercial paper and government securities for credit risk. Ordinary shares are generally not given credit ratings because they represent ownership rather than a repayment obligation.

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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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