Kroger's grocery chain wants to finance the purchase of a new warehouse. It decides to sell bonds
a. Kroger's plans to use equity financing and its action is part of the demand for loanable funds.
b. Kroger's plans to use equity financing and its action is part of the supply of loanable funds.
c. Kroger's plans to use debt financing and its action is part of the demand for loanable funds.
d. Kroger's plans to use debt financing and its action is part of the supply of loanable funds.
c
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Total expenditure equals price times elasticity.
Answer the following statement true (T) or false (F)
Which of the following is considered a microeconomic issue?
A. The local university decides to raise tuition for online course offerings. B. The country of Zimbabwe has experienced a decline in inflation. C. The economic growth rate was reported at 2.4 percent in the first quarter of 2013 for the United States. D. The unemployment rate in Greece is 22.8 percent.
Answer the following statements true (T) or false (F)
1. The issue is not so much whether globalization will pressure low-income countries to reduce their environmental standards, but instead whether the threat of blocking international trade can pressure these countries into adopting stronger standards. 2. Environmental protection is vital to two industries of key importance in many low-income countries—agriculture and tourism. 3. Few nations belong to both the World Trade Organization and regional trading agreements. 4. The disruption caused by international trade is fundamentally different from all the other disruptions caused by the other workings of a market economy.
Suppose Bianca buys a used a textbook from Sebastian for $55. If Bianca's surplus from this transaction was $10, we can infer that:
A. Bianca's reservation price was $45. B. Sebastian's reservation price was $45. C. Bianca's reservation price was $60, and Sebastian's reservation price was $50. D. Bianca's reservation price was $65.