According to the text, the cost of debt:
A) for each country is somewhat stable over time.
B) among countries changes over time, and these changes are negatively correlated.
C) among countries changes over time, and these changes are positively correlated.
D) among countries changes over time, and are not correlated.

Question

Quizplus · Accepted Answer

The text indicates that the cost of debt among countries changes over time and these changes are positively correlated, meaning that when the cost of debt increases in one country, it tends to increase in others as well.

According to the Text, the Cost of Debt