The most important source of financial capital for firms today is
A. sale of bonds.
B. reinvestment of profits.
C. sale of new issues of stock.
D. trade of previously issued stock.
Answer: B
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A traditional economy is based on
a. government regulation. b. self-sufficiency. c. barter. d. both self-sufficiency and barter.
Which government agency is in charge of hearing workers’ complaints of discrimination against them by their employer?
a. SEC b. BLS c. FCEE d. EEOC
Unlike firms in perfect competition, monopolists have control over
a. the costs of production b. what technology to use c. what price to charge d. how much to produce e. the choice of plant size
Which of the following acts prohibits directors of one company from sitting on the board of a competitor?
a. Sherman Act b. Federal Trade Commission Act c. Robinson-Patman Act d. Clayton Act