For automobile demand in the U.S., the income response tends to be larger in the:
A. The income response is the same in the long run and the short run.
B. long run.
C. We do not have enough information to answer this question.
D.short run.
D.short run.
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You have a bond that pays $125 per year in coupon payments. Which of the following would result in an increase in the price of your bond?
A) The likelihood that the firm issuing your bond will default on debt increases. B) Coupon payments on newly-issued bonds rise to $140 per year. C) The price of a share of stock in the company falls. D) Coupon payments on newly-issued bonds fall to $75 per year.
Armpit Homunculus Prescott Pharmaceuticals is facing class action suit over side effects caused by its latest growth supplement. The lawyers representing the class are asking $200 million because they claim Prescott knew about and hid the fact that the
supplement caused Armpit Homunculus. Prescott claims it had no foreknowledge of this and can take their chance at trial where they expect a $50 million payment. Just before the trial date, an internal Prescott email is discovered in which Dr. Colbert, D.F.A. is joking about "how hideous the armpits will be on all these giants.". How does this affect the likely cost of settling the case?
Which of the following is not one of the methods of calculating the cost of common stock?
a. capital asset pricing model b. bond yield plus risk premium model c. dividend growth model d. capital liabilities assessment model e. none of these
The most important weakness of the Sherman Antitrust Act was that:
A. the Supreme Court refused to enforce it. B. it wasn't specific about the types of acts which would violate the law. C. it didn't outlaw restraints of trade. D. it was too complicated.