Corporations obtain funds when their previously issued stock is traded.
Answer the following statement true (T) or false (F)
False
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What type of economic conditions are summarized by the variable a?
A) conditions other than changes in capital and labor that change productivity B) urbanization C) governmental regulations D) All of the above
A perpetuity for sale at $100,000 that promises a yearly payment of $5,000 has an effective yield of
A) 2%. B) 5%. C) 20%. D) 50%. E) 2,000%.
Can a firm make losses by producing the rate of output at which marginal revenue equals marginal cost? Why?
What will be an ideal response?
Hyperinflation:
a. Has no official definition. b. Usually ends with the nation abandoning its old currency and establishing a new one. c. Is good for most nations because it increaes their nominal GDPs. d. Is really a relic of the past with no current-day counterparts.