A mid-size firm may have a "__________" line of credit, meaning all or part of it can be converted into an intermediate-term loan
A) revolving
B) secured
C) guaranteed
D) mezzanine
A
You might also like to view...
John gets paid monthly and pays for everything with cash. When he cashes his check he keeps $200 for food, $100 for utilities, $900 for rent, $50 for transportation, $100 for entertainment and $300 for unexpected expenditures
Which of the following statements is TRUE? A) The transactions demand for money is $1,350, the precautionary demand is $300 and the asset demand is $0. B) The transactions demand for money is $350, the precautionary demand is $1,150 and the asset demand is $150. C) The transactions demand for money is $350, the precautionary demand is $950 and the asset demand is $0. D) The transactions demand for money is $450, the precautionary demand is $300 and the asset demand is $900.
Sometimes increases in the wage rate will cause individuals to work more hours. It is also the case that this same increase could cause people to work fewer hours. What is happening to cause this variance?
What will be an ideal response?
By the late 1800s, soft coal miners earned a higher hourly wage than other industrial workers of similar skill levels. The mining wage is an example of
a. wage discrimination. b. a monopsony market. c. a compensating wage differential. d. an efficiency wage.
Which of the following countries has medium to high levels of trade by world standards, but in 2008 had a moderate trade surplus?
a. Germany b. Japan c. the United Kingdom d. Sweden