Of the four sources of external funding for nonfinancial businesses, the least often used in the U.S. is

A) bank loans.
B) nonbank loans.
C) bonds.
D) stock.


D

Economics

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All of the following are steps involved in basic currency swaps EXCEPT

A) counterparties exchange the net interest at the end of the swap. B) the parties exchange principals in two currencies. C) the parties exchange periodic interest payments over the life of the agreement. D) the parties exchange the principal amount at the end of the agreement.

Economics

Compared to monopoly, the market results with monopolistic competition are usually expected to be:

a. worse because consumers get fewer choices. b. worse because consumers pay a higher price. c. the same. d. better because consumers get less output. e. better because consumers pay a lower price.

Economics

The market price system provides a highly efficient mechanism for disseminating information about relative scarcities of

a. the quantity supplied minus the quantity demanded. b. surpluses, shortages, and quantity. c. goods, services, labor, and financial capital. d. price controls and equilibrium prices.

Economics

Advocates of a fixed exchange rate system argue that fixed exchange rates promote international trade

Indicate whether the statement is true or false

Economics