If the Apple corporation sells a bond it is
a. borrowing directly from the public.
b. borrowing indirectly from the public.
c. selling shares of ownership directly to the public.
d. selling shares of ownership indirectly to the public.
a
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What is the Principal of Optimization at the Margin? Explain with an example
What will be an ideal response?
Governments around the world tend to auction quota licenses
A) never. B) seldom. C) often. D) always.
According to the quantity theory of money, a 10-percent increase in the money stock would lead to a 10-percent rise in the
a. the money wage and the price level. b. level of real GNP. c. level of nominal GNP. d. the money wage and the price level, but the price level rises by more e. Both a and c
An economist would argue that global warming is
a. unquestionably a human-generated problem that should be stopped immediately at all costs. b. simply fear mongering, for there is no scientific evidence that the average temperature on earth is changing. c. likely to cause massive starvation as temperatures on earth rise, reducing agricultural productivity. d. a serious issue that may best be addressed primarily by making changes as problems occur in the future.