This morning, jeff found an aged bond certificate lying on the street. he picked it up and noticed that it was a 50-year bond that matured today. he presented the bond to the bank teller at his local bank and received payment for both the entire principal and the final interest payment. the bond that jeff found must have been which one of the following? debenturenoteregistered-form bondbearer-form bondcallable bond

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?