A "fallen angel" is a bond that:

A) Lowered its annual interest payment.
B) Has moved from being a long-term obligation to being a short-term obligation.
C) Has moved from having a yield to maturity in excess of the coupon rate to having a yield to maturity that is less than the coupon rate.
D) Has moved from being an investment-grade bond to being a junk bond.
E) Is rated as BA by one rating agency and rated as BB by another rating agency.

In group-oriented cultures

A) the individual comes before the group's needs.
B) decisions are primarily made by senior executives.
C) decision making is an efficient,streamlined process.
D) negotiators may be faced with a series of discussions over the same issues and materials with many different people.
E) All of the above occur in group-oriented cultures.

(Figure: The Production Possibilities for Two Countries) Use Figure: The Production Possibilities for Two Countries.Indonesia has a comparative advantage in producing _____,while Malaysia has a comparative advantage in producing _____.

A) both microchips and tires;neither good
B) neither good;both microchips and tires
C) microchips;tires
D) tires;microchips

If all taxpayers pay the same percentage of income in taxes, the tax system is proportional.

Sally's mother is very angry with her for being late to an important social engagement.After listening to her mother,Sally explains that she understands her mother is angry with her lateness and that it was important to her that Sally be on time.Sally says she will work on being on time in the future,particularly for special events.Sally is handling her mother's anger effectively by​

A) ​suppressing her own emotions.
B) ​recognizing and accepting her mother's anger and giving her feedback.
C) ​diverting her mother's attention.
D) ​minimizing the problem.

The long-run average cost curve is tangent to a series of short-run average total cost curves.