A person receives a paper asset from a corporation that is a promise from the corporation to repay a loan at a fixed rate of interest. This type of asset is referred to as a:
A. share.
B. bond.
C. stock.
D. bank loan.
Answer: B
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The profit earned from selling an asset for more than you paid for it is called
A. capital gains. B. the real interest rate. C. depreciation. D. appreciation.
State-Owned Enterprises (SOEs) can succeed when
a. they are free from political interference and can make decisions according to economic criteria b. the government is clear about the SOE's objectives and enforces the rules c. the government is ready to subsidize the SOE in bad years d. only the most crucial firms are state owned e. SOEs never succeed according to economic criteria
The ____ shows roughly how long it will take a nation to double its output at various growth rates
a. rule of rapid growth b. rule of 70 c. rule of 1950 d. duopoly rule
The slope of line (2) on the graph below is:
A. 0
B. 12
C. 18
D. Infinite