Which type of financing requires the largest minimum size of the borrower?
A) mezzanine funds
B) public debt
C) venture capital funds
D) public equity
B
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The median voter theorem will be an accurate predictor of the outcome of elections
A) when a majority of voters have preferences very similar to those of the median voter. B) when a majority of voters have preferences very different from those of the median voter. C) regardless of whether preferences among voters are similar to or different from those of the median voter. D) only when voter turnout is very low.
A private subsidy has what effect on the amount of a good or service produced? Is a subsidy an appropriate policy to offset the inefficiency from an external cost or an external benefit?
What will be an ideal response?
Which phrase(s) is (are) associated with normative statements?
a. c and e. b. Has been shown. c. Should be. d. Can be. e. More than.
A tax that is structured so that people pay the same percentage of their income in taxes is called a(n):
A. flat tax. B. regressive tax. C. progressive tax. D. excise tax.