Are stocks and bonds substitutes-compliments or both
Discussion:
Are stocks and bonds substitutes, compliments, or both? If the cross-price elasticity is negative 1.2 (-1.2), what do you expect to happen to quantity demanded for bonds and bond prices if the stock price is expected to increase by 11%?
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Are stocks and bonds substitutes, compliments, or both? If the cross-price elasticity is negative 1.2 (-1.2)
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