A government payment that supports a business or market:
a. subsidy
b. supply schedule
c. law of supply
d. elasticity of supply
e. excise tax
Ans: a. subsidy
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Which of the following is TRUE regarding money market mutual funds?
I. Money market mutual funds buy highly liquid assets like Treasury bills. II. Shareholders can obtain loans from money market mutual funds. A) I only B) II only C) both I and II D) neither I nor II
What is meant by randomization? How does randomization affect the results of an experiment?
What will be an ideal response?
If a new entrant (or an established firm) wants to leave a contestable market,
a. all, or nearly all of, the invested capital values can be recovered. b. another firm will always enter to take its place. c. it must accept large losses in its capital investment, so it is unlikely to exit. d. its leaving will be contested by regulators in the market who seek to prevent exit.
Feature(s) of the market for corporate control:
a. hostile takeovers b. highly rated bond financing c. managerial capitalism d. related party transactions e. all of the above