Of the three agencies that have been created to promote residential housing, the only one that is an entity of the U.S. government is
A) Fannie Mae.
B) Ginnie Mae.
C) Freddie Mac.
D) Sallie Mae.
B
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A company's capital structure is made up of 40% debt and 60% common equity (both at market values). The interest rate on bonds similar to those issued by the company is 8%. The cost of equity is estimated to be 15%. The income tax rate is 40%
The company's weighted cost of capital is A) 11.5%. B) 12.2%. C) 10.9%. D) 8.9%.
BBQ to Go is a large fast food restaurant chain with franchises located throughout the United States. BBQ to Go's advertising will likely focus on which of the following?
A) promoting BBQ locations in a specific state B) promoting a successful BBQ to Go location in Denver, Colorado C) promoting the benefits of eating BBQ to Go sandwiches D) promoting a struggling BBQ to Go location in Denver, Colorado
Dumping is
A) international price discrimination. B) international monopolistic pricing. C) collusive behavior among producers in different countries. D) selling goods produced with government approval.
Explain the circumstances under which a firm will produce output while incurring a short-run loss, and the circumstances under which it will shut down while incurring a short-run loss