Walmart wants to raise $250 million to finance the renovation of their retail stores, and the company wishes to raise the funds through indirect finance. Which of the following methods could it use?
A) It could sell $250 million in bonds. B) It could issue $250 million in stock.
C) It could borrow $250 million from a bank. D) It could choose either A or B.
C
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A long-run aggregate supply curve may graphically be represented as a
A) vertical line. B) a downward sloping line. C) an upward sloping line. D) horizontal line.
When a firm's demand curve is tangent to its average total cost curve: a. the firm must be operating in a monopolistically competitive market. b. economic profits are zero
c. the firm must be earning economic profits. d. the firm must be incurring economic losses.
Activists believe that
A) there is sufficient flexibility in wages and prices to allow the economy to equilibrate at full-employment Real GDP in a reasonable period of time. B) discretionary fiscal policies do not work. C) discretionary monetary policies do not work. D) fine-tuning to smooth out the business cycle is feasible.
Critics of economic growth:
A. contend that growth and industrialization reduce pollution. B. argue that economic growth does not resolve socioeconomic problems such as an unequal distribution of income and wealth. C. point out that growth results in greater economic security for workers. D. say that its benefits accrue nearly exclusively to white males.