During the last part of the 19th century, which of the following factors contributed to the lag in railroad construction in the Southeast and Southwest?
a. sparseness of population
b. war-induced poverty
c. costal shipping
d. All of the above are correct.
e. Only b and c are correct.
d. All of the above are correct.
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A corporation issues a three-year bond with a coupon of $50 and a face value of $1000. A year later, market interest rates have declined to 4%. What is the price of the bond a year after it was issued? Report your answer to the nearest dollar
What will be an ideal response?
Karl Marx's massive work, titled Das Kapital, was published in 1848
a. True b. False Indicate whether the statement is true or false
The middle class in China:
A. outnumbers the entire population of the United States. B. is almost equal in size to the entire population of the California. C. is about half the size of the population of the Germany. D. None of these is true.
Name brand drugs are able to continue capitalizing on their market power even after generic drugs enter the market because (i) almost all people fear the generic drug companies are devoting too few resources to research and development. (ii) some people fear that generic drugs are inferior. (iii) some people are loyal to the name brand
a. (i) and (ii) only b. (ii) and (iii) only c. (i) and (iii) only d. (i), (ii), and (iii)