IPOs have become very important in the U.S. economy because they are a major source of financing for
A) so-called "blue-chip" companies.
B) hedge funds.
C) internet companies.
D) mutual funds.
C
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Suppose the Fed wants to increase the money supply. The most frequent way used to do this is
a. increase the discount rate b. decrease the prime rate c. buy US corporate stock from banks d. buy US govt bonds from banks
Technology is:
A) knowledge that can be applied to the production of goods and services. B) generally unlimited in modern economies. C) a graphical illustration of the alternative combinations of goods and services an economy can produce. D) the resources the economy has available to produce goods and services.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, Point F
A. is efficient and attainable. B. cannot be produced with the current state of technology. C. represents underallocation of resources. D. represents what the people want.
The PE ratio for a stock is
A) the predicted earnings per share of the stock divided by its current yield. B) the current yield of the stock. C) the price of the stock divided by its earnings per share. D) the predicted volatility of the stock.