Two of the earliest colleges with residence courses were Stout Institute in Wisconsin and the University of:
a. Illinois
b. Georgia
c. Alabama
d. Mississippi
A
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An inflation rate that exceeds 50 percent per month is referred to as
A) hyperinflation. B) destructive deflation. C) superflation. D) anticipated inflation.
A company's capital structure is made up of 40% debt and 60% common equity (both at market values). The interest rate on bonds similar to those issued by the company is 8%. The cost of equity is estimated to be 15%. The income tax rate is 40%
The company's weighted cost of capital is A) 11.5%. B) 12.2%. C) 10.9%. D) 8.9%.
The supply curve for a monopoly is given by:
a. the firm's marginal cost curve above the average variable cost curve. b. the one point on the demand curve that corresponds to the quantity for which price is equal to MC. c. the one point on the demand curve that corresponds to the quantity for which MR equals MC. d. the entire demand curve above the point where price is equal to average cost.
Fiscal policy options can take the form of
A) Automatic fiscal policy instruments. B) Open market operations. C) Nuclear fiscal policy instruments. D) All of the above.