Financial deepening is synonymous with ________
A) issuing equities
B) financial development
C) borrowing additional funds from world capital markets
D) holding a well diversified portfolio
B
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"Granger laws" were early efforts by states to regulate the railroads and were
a. were severely limited in scope through litigation, b. generally outlawed both place and person discrimination, c. established commissions with the power to investigate complaints d. All of the above
Most industrial countries have adopted the regressive tax system
a. True b. False Indicate whether the statement is true or false
When Wilma in Wisconsin buys stock in BMW in Germany, NCO:
A. decreases. B. is unaffected. C. increases. D. is zero.
In a mixed open economy, if aggregate expenditures exceed GDP:
A. I g + X + G = C a . B. C a + I g + X n + G < domestic output. C. I g > S. D. I g + X + G > S a + M + T.