Which of these forms of financing is generally not employed by very large firms?
A) commercial paper
B) medium-term notes
C) public debt
D) mezzanine funds
D
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In Figure 17-3 above, suppose we are working under the assumption of the Lucas model. The Fed has been following an announced policy of "zero money growth for an indefinite period
" Suddenly and without warning it produces positive money growth and a "money surprise." This would result in a movement between points A) A and C. B) A and B. C) D and B. D) D and A. E) A and D.
Economists assume consumers select a bundle of goods that maximizes their well-being subject to
A) their budget constraint. B) their income. C) relative prices. D) their marginal rate of substitution.
A decrease in the rate of inflation is called _____.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements explain positive economics? (Check all that apply.)
A. It is not factual B. The predictions are testable. C. It can be rejected or amended depending on the evidence available. D. It depends upon value judgements.