Holders of __________ bonds can exchange their bonds into shares of the company's common stock at a predetermined price
A) callable
B) convertible
C) investment grade
D) junk
B
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If prices have increased since the base period, then
A) real GDP is larger than nominal GDP. B) real GDP can no longer be compared to nominal GDP. C) real GDP is equal to nominal GDP. D) real GDP is smaller than nominal GDP. E) there is no way to adjust nominal GDP so that it equals real GDP.
The argument that developing countries with lax environmental standards will attract foreign manufacturers who want to escape stricter standards in their own countries is known as
A) the pollution havens hypothesis. B) the escape clause hypothesis. C) the earth destruction hypothesis. D) the environmentally destructive hypothesis.
Which of the following is not considered a factor that influences supply?
A) Technology. B) Production taxes and subsidies. C) The number of buyers. D) Resource prices.
After an increase in demand in a constant-cost industry, firms will find themselves with higher average cost curves
a. True b. False