As the price level falls, the cost of borrowing money will , causing the quantity of output demanded to . this phenomenon is known as the effect. additionally, as the price level falls, the impact on the domestic interest rate will cause the real value of the dollar to in foreign exchange markets. the number of domestic products purchased by foreigners (exports will therefore , and the number of foreign products purchased by domestic consumers and firms (imports will . net exports will therefore , causing the quantity of domestic output demanded to . this phenomenon is known as the effect.

a naked warrant, also known as a covered warrant, is a derivative that allows the holder to buy or sell a security, such as a bond or share. unlike a normal warrant, it is not attached to a newly issued bond or preferred stock.

unsecured bonds: they are not secured by a specific asset, but rather by "the full faith and credit" of the issuer. in other words, the investor has the issuer's promise to repay but has no claim on specific collateral. debt, such as unsecured bond debt, is said to be “subordinated,” or junior, to secured debt.

answer: i'd say the answer is d because the information system is the human already doing the activity.