Only "large" firms are able to sell __________ securities, with __________ yields than the securities the small and mid-size firms can sell
A) liquid; lower
B) liquid; higher
C) illiquid; lower
D) illiquid; higher
A
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"Information Problematic" borrowers are generally
A) municipal governments. B) small businesses and individuals. C) large businesses. D) federal government.
If quantity demanded for rice falls by 2% when price increases 8%, we know that the absolute value of the own-price elasticity of rice is:
a. 2.5. b. 0.25 c. 4.0 d. 0.40.
The value of a future amount expressed in today's dollars is
A. the inflation rate. B. the discount rate. C. present value. D. the interest rate.
Assume a round of golf requires four hours of leisure time, and attending a concert requires two hours. If the price of a round of golf is $40 and the price of a concert is $80, characteristics, Joe will play:
A. Golf but not attend concerts, since golf is cheaper B. Golf twice as often as he attends concerts C. Less golf whenever he receives a large raise D. Relatively less golf and attend relatively more concerts whenever his leisure time becomes more scarce