Refer to Table 15.1. The uses of government funds for Arugula in 2012 total
A) $135 million.
B) $195 million.
C) $380 million.
D) $600 million.
D
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When price falls, demand rises.
Answer the following statement true (T) or false (F)
If in an efficient market all prices are correct and reflect market fundamentals, which of the following is a FALSE statement?
A) A stock that has done poorly in the past is more likely to do well in the future. B) One investment is as good as any other because the securities' prices are correct. C) A security's price reflects all available information about the intrinsic value of the security. D) Security prices can be used by managers to assess their cost of capital accurately.
The Coase Theorem does not imply which of the following?
a. Resources will be allocated efficiently in the absence of transactions costs. b. Resources will move to their highest valued use in there are no transactions costs. c. The initial allocation of property rights does not matter to the parties involved. d. The allocation of resources is independent of the assignment of property rights if transactions costs are zero.
A nation’s capital consists mainly of stocks, bonds, and other financial assets.
Answer the following statement true (T) or false (F)