Which of the following is not a common characteristic of IACs?
a. Market-based economies.
b. Large stocks of technologically advanced capital.
c. Well-educated labor.
d. Low per capita energy consumption.
d
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What are the four subcategories of investment expenditures?
What will be an ideal response?
The coupon equivalent yield on a six-month Treasury bill that has a $1,000 face value and sells for $960 is
A) 6.5 percent. B) 8.3 percent. C) 9.5 percent. D) 9.8 percent.
Of the new drugs introduced in the United States between 1940 and 1990, what percentage were discovered by U.S. firms?
a. 15. b. 30. c. 45. d. 60 e. 75
Suppose you own a proprietorship that is in serious financial difficulty. The assets of the company are $100,000 . but liabilities are $175,000 . You also have, however, stock in General Motors worth $200,000 . If you file bankruptcy, what amount of personal assets do you stand to lose?
a. $100,000 b. $75,000 c. $200,000 d. $275,000 e. $375,000