An investment bank purchases securities from a corporation at a predetermined price and then resells them in the market. This process is called
A) underwriting.
B) underhanded.
C) understanding.
D) undertaking.
A
You might also like to view...
If current unemployment is close to the natural rate of unemployment, the level of the ________ GDP is likely to be close to the level of potential output
A) real B) structural C) nominal D) estimated
All of the following are automatic stabilizers EXCEPT
A) the federal income tax system. B) welfare payments. C) discretionary tax cuts. D) unemployment compensation.
If the price of inputs rises and consumer expectations about future economic activity worsens:
a. Aggregate demand falls, and aggregate supply rises. b. Aggregate demand and aggregate supply fall. c. Aggregate demand and aggregate supply rise. d. Aggregate demand rises, but aggregate supply does not change. e. Neither aggregate demand nor aggregate supply change.
The formula for cross-price elasticity is
A. The percentage change in the price of one good divided by the percentage change in the quantity demanded of another good. B. The percentage change in the quantity demanded for one good divided by the percentage change in the price of another good. C. The percentage change in the quantity demanded divided by the average change in price. D. The percentage change in the quantity demanded for one good divided by the percentage change in income.