________ assist in the initial sale of securities in the primary market; ________ assist in the trading of securities in the secondary markets
A) Investment banks; mutual funds
B) Commercial banks; mutual funds
C) Investment banks; securities brokers and dealers
D) Commercial banks; securities brokers and dealers
C
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A temporary embargo on oil from the Middle East going in to the United States would
A) shift both the short-run and long-run aggregate supply curves to the left. B) shift only the short-run aggregate supply curve to the left. C) shift the long-run aggregate supply curve to the right. D) shift only the long-run aggregate supply curve to the left.
Which of the following is NOT one of the three primary sources of private investment funds flowing into developing nations?
A) portfolio investment B) bank loans C) World Bank and IMF loans D) foreign direct investment
Chad's income went from $1000 per week to $1500 per week. As a result he increased his consumption of steak from 1 pound a week to 3 pounds a week. Based on his consumption patterns, the income elasticity of steak for Chad is
A) 2.50. B) -.50. C) .50. D) -1.50.
Government price controls make communication of information between buyers and sellers more effective
a. True b. False Indicate whether the statement is true or false