Which of the following is not true about the information and advice investment bankers provide to clients?
A. It is highly valued if the fees paid for it are any indication of its value.
B. It is often used to identify possible acquisition and merger candidates.
C. It is public information that the bank compiles and makes available to anyone.
D. It helps improve the allocation of resources across the economy.
Answer: C
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Equilibrium expenditure is
A) the amount of aggregate expenditure at which aggregate planned expenditure exceeds real GDP. B) the amount of aggregate expenditure at which aggregate planned expenditure equals real GDP. C) when unplanned inventory change is positive. D) when unplanned inventory change is zero or negative. E) the amount of aggregate expenditure at which aggregate planned expenditure is less than real GDP.
If the Fed increases the quantity of money and lowers the federal funds rate, real GDP ________ and the price level ________
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases E) increases; does not change
What will cause outward shift of the Demand curve for electricity?
a. decrease in price of electricity b .increase in price of A/C c. Increase in price of heating oil d. decrease in price of natural gas e. increase in price of electricity
Net exports measures the difference between a country's
a. income and expenditures. b. sale of goods and services abroad and purchase of foreign goods and services. c. sale of domestic assets abroad and purchase of foreign assets. d. All of the above are correct.