Giorgio wants to build a new distribution warehouse for his sporting goods business and is going to issue new shares of stock to do so. This is an example of using ________ for his building project
A) direct finance
B) indirect finance
C) retained earnings
D) dividends
Answer: A
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Ceteris paribus means "Let the buyer beware."
Indicate whether the statement is true or false
According to Keynes,
A) prices decline as inventories increase. B) prices increase as inventories increase. C) prices decrease as inventories decrease. D) prices are sticky and will probably not respond to a change in inventories.
Jamal earns $160,000 per year and Josephina earns $80,000 per year. If Jamal pays $16,000 in income taxes and Josephina pays $5,000 in income taxes, the income tax system would be
A) regressive. B) progressive. C) proportional. D) marginal.
International capital mobility:
A. contributes to the rigidity of exchange rates. B. eliminates arbitrage opportunities. C. contributes to the equalization of expected returns across countries. D. makes interest rates equal across countries.