When a firm wants to borrow directly from the public to finance the purchase of new equipment, it does so by selling bonds
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
The term "unemployment" is best described as the total number of
A) adults who are looking for work but have not found a job. B) people not working. C) adults who work fewer hours than they wish to work. D) people who have been laid off and have stopped looking for work.
If the marginal utilities of the first 4 candy bars consumed are 10, 12, 9, and 7, respectively, the total utility derived from consuming 3 candy bars is
a. 3 b. 9 c. 25 d. 31 e. Total utility cannot be derived from marginal utility. On the other hand, marginal utility can be derived from total utility.
Which of the following explains the spread of financial crises from one country to another?
A. Moral hazard B. Global contagion C. Butterfly trade D. The Doppler effect
Average total cost is always ____________ average variable cost, but as output rises, the difference between them ____________.
A. greater than; widens B. less than; widens C. greater than; narrows D. less than; narrows