Firms that pool deposits by customers to purchase stocks or bonds are known as:
A. mutual fund companies
B. investment banks
C. thrifts
D. insurance companies
Answer: A
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A central management concept is _______________ which is concerned with how time spent in one activity takes away from time spent in another activity
a. time displacement b. time exploitation c. time strategy d. time aspiration
Consumption spending is said to make up about ______ to _______ of most countries spending.
A. 3/4, 7/8 B. 1/2, 2/3 C. 2/3, 3/4 D. 1/3, 1/2
Households can finance their consumer spending from current
a. income. b. wealth. c. debt. d. income and current wealth.
Which statement is true?
A. Because they are the only seller in the industry, the monopolist does not have to lower their price to sell more output. B. Most firms in the United States are monopolies. C. Unlike the perfect competitor, the monopolist does not necessarily produce at that output where MC = MR. D. None of these statements are true.