When Carvana sold stock to the public in its IPO, it did so through the New York Stock Exchange. This is an example of Carvana raising funds through
A) reinvesting retained earnings.
B) a financial intermediary.
C) dividend reinvestment.
D) a financial market.
Answer: D
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Which of these curves shows a more unequal distribution of income?
a. Curve A b. Curve B c .Curve C
The relationship between output and employment is known as
A) the Phillips curve. B) the Beveridge curve. C) the Diamond paradox. D) Okun's Law.
The game theory approach to the analysis of oligopoly assumes that oligopolists
A. ignore their interdependence. B. behave with little forethought. C. do not take their businesses seriously. D. act strategically.
An example of a negative externality is the:
A. cost you bear when your neighbor has a noisy party and does not compensate you for your discomfort. B. decrease in income to farmers that results from a drought. C. benefit you receive without paying when your neighbor installs a smoke detector. D. decrease in your real income that results when photographic equipment you purchase increases in price because of increased demand by others for these items.