A firm can fund an expansion of its operations by
A) issuing bonds.
B) buying stock.
C) paying dividends.
D) loaning money.
Answer: A
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If potential GDP for the third quarter of 2013 = $20.4 billion, and the deviation from potential GDP for the third quarter of 2013 = $1.6 billion, then Real GDP for the third quarter of 2013 equals
A) $6.5 billion. B) $18.8 billion. C) $22 billion. D) $32.64 billion.
The prisoners’ dilemma is a famous game that demonstrates the basic problem confronting ______.
a. colluding oligopolists b. cartels c. non-colluding oligopolists d. perfect competitors
Scarcity exists because
A. there is a temporary disruption in the market supply. B. there are not enough resources available to produce all the goods that people want. C. there is a shortage of goods caused by a natural disaster. D. there is a shortage of labor throughout the world.
A union of all workers from a particular industry is a(n)
A) craft union. B) conglomerate union. C) industrial union. D) expansive union.