Minimizing per-dollar distribution costs favors issuing bonds __________ for issue sizes above approximately __________
A) privately; $10,000,000
B) privately; $100,000,000
C) publicly; $10,000,000
D) publicly; $100,000,000
D
You might also like to view...
Suppose an economist advises the government to disallow a proposed merger between Wendy's and McDonald's because she thinks the fast-food industry ought to be as competitive as possible. This advice is an example of
a. positive economics b. normative economics c. market discrimination d. econometric analysis e. macroeconomic analysis
A bank creates money when it
a. gets new demand deposits that the depositor formerly held as cash b. has a loan paid off, which creates excess reserves for the bank c. makes a loan from its excess reserves d. holds back excess reserves because of an increase in the legal reserve requirement e. gets more excess reserves because of a decrease in the legal reserve requirement
A company that produces baseball gloves is considering buying some new equipment that it expects will increase future profits. If the interest rate rises, then the present value of these future profits
a. rises. The company is more likely to buy the equipment. b. rises. The company is less likely to buy the equipment. c. falls. The company is more likely to buy the equipment. d. falls. The company is less likely to buy the equipment.
Historically, female students have had ______.
a. the same access to rigorous curriculum as male students b. more access to rigorous curriculum than male students c. less access to rigorous curriculum than male students d. different, but equivalent access to rigorous curriculum as male students