The sale of either stocks or bonds to raise money is known as equity finance
a. True
b. False
Indicate whether the statement is true or false
False
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If there is an increase in income, which of the following is true?
a. The demand for complementary goods decreases. b. The demand for substitute goods decreases. c. The demand for normal goods decreases. d. The demand for normal goods increases. e. The supply for all goods decreases.
The equation of exchange states that the money value of GDP must be equal to the product of the money stock times its velocity
a. True b. False Indicate whether the statement is true or false
As inflation rates increase, borrowing and lending contracts tend to
A. increase in size. B. decrease in size. C. decrease in length of time. D. increase in length of time.
In a production possibilities frontier, a point ________ the frontier is productively inefficient
A) along B) inside C) outside D) at either intercept of