The three primary sources of corporate funds are
A) banks, friends, and family.
B) government, other corporations, and the central bank.
C) investment banks, brokerages, and insurance companies.
D) stocks, bonds, and reinvestment of profits.
Answer: D
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When the economy is producing at a quantity greater than its long-run aggregate supply:
A. it is pushing some of its resources to operate beyond capacity. B. the economy is experiencing greater economic growth. C. it causes a bubble to form in one of its major sectors. D. we are experiencing a recession.
The market value of all final goods and services produced by Canadians regardless of where they're located is
a. Canadian personal income b. Canadian national income c. Canadian capital income d. Canadian gross national product e. Canadian gross domestic product
The intersection of supply and demand in the capital market determines the market equilibrium price and quantity in the:
A. purchase market. B. both the rental and purchase markets. C. rental market. D. Any of these statements could be true.
When carmakers began to cut costs of producing cars by designing the chassis, engines, and transmissions so that different models could be produced on the same assembly line, production costs fell $240 per car. This change caused car makers' short-run average cost curves to:
A. remain unchanged, though there was a movement along the short-run average cost curve. B. shift down. C. remain unchanged; only the long-run average cost curve was affected. D. shift up.