题目内容
（请给出正确答案）
A.Moody’s: AAA to BBB - S&P’s: Aaa to Baa
B.Moody’s: Aaa to Baa - S&P’s: AAA to BBB
C.Moody’s: AAA to A - S&P’s: Aaa to A
D.Moody’s: Aaa to A - S&P’s: AAA to A
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更多““Investment grade” ratings are in the following categories:”相关的问题
A、Brady bonds.
B、junk bonds.
C、zero coupon bonds.
D、investment grade bonds.
A、tax status
B、credit quality
C、maturity dates
D、空
A.liquidity risk.
B.default risk.
C.credit spread risk.
Another name for junk bonds is ______.
A．high- yield securities
B．non- investment grade securities
C．speculative investment securities
D．any of the above
W: Generally commercial banks may invest only in those securities that are rated as "investment grade", or have bond ratings in the top four categories.
Q: Where are banks only allowed to make investments？
(15)
A．In equity securities.
B．In personal funds.
C．In securities rated as investment grade.
D．In property markets.
A.所罗门美邦大市投资分级指数(Salomon Broad Investment Grade Index)
B.巴克莱(Barclays)资本美国综合债券指数或莱曼(Lehman)兄弟总指数
C.美林国内标准指数(Merrill Lynch Domestic Master index)
D.标准普尔500指数(S&P 500)
In this type of market, supply normally is very elastic--that is responsive to demand--in the short run. Stocks or inventories are held at some point in the chain of distribution; while stocks are running down or building up, there is time to change the level of production, and once a price has been set, it is rarely altered in response to moderate changes in demand. Even in a deep slump, defensive rings may be formed to prevent price cutting.
In the long run, as well as in the short, supply is responsive to demand in the market for manufactures. It is easier to change the composition of a firm's output than it is to change the production of a mine or a plantation. And when changes in demand are not too rapid, gross profits from one plant can be siphoned off and invested in something quite different. When business is good, moreover, there is continual new investment so that productive capacity is adapted to meeting changing requirements. Workers themselves may not even be aware of changes in the final commodities to which their work contributes, and the level of wages for any grade of factory labour is very little affected by the fortunes of a particular market.
The "imperfection" of the market for manufactured goods is reflected in all of the following aspects, except ______.
A．the distinctive style. of each company
B．the attempts of advertisement to attract buyers to particular brand names
C．tendency for the prices of the same goods to equalize quickly
D．the freedom of small businesses to decide the prices they will charge
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