When Ferrari sells stock to the public in its IPO, it will do so through the New York Stock Exchange. This is an example of Ferrari raising funds through
A) a financial market. B) reinvesting retained earnings.
C) dividend reinvestment. D) a financial intermediary.
A
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If the government removes a binding price ceiling in a market, then the producer surplus in that market will increase
a. True b. False Indicate whether the statement is true or false
Frictional unemployment:
A. refers to unemployment caused by friction between labor and management. B. refers mainly to unemployment resulting from fluctuations in output. C. comes from people entering the labor force and changing jobs. D. is undesirable and should be eliminated at all costs.
Nominal GDP is $15 trillion and real GDP is $10 trillion. What is the GDP deflator? Show your work
According to economic theory, which of the following types of discrimination is the easiest to eliminate?
A. Discrimination that saves the firm money B. Discrimination based on correctly perceived statistical characteristics of a group C. Discrimination based on individual characteristics that do not affect job performance D. Discrimination based on individual characteristics that affect job performance