When Ferrari sells stock to the public in its IPO, it will do so through the New York Stock Exchange. People who buy the shares will
A) do so in the indirect finance market.
B) own part of the company.
C) be promised to be repaid their investment plus interest.
D) All of the above are true.
B
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Which of the following will shift the aggregate demand curve to the right, ceteris paribus?
A) a decrease in disposable income B) a decrease in expected profits for firms C) an increase in net exports D) an increase in interest rates
Imagine scale economies were not only external to firms, but were also external to individual countries
That is, the larger the worldwide industry (regardless of where firms or plants are located), the cheaper would be the per-unit cost of production. Describe what world trade would look like in this case.
Money serves as ________
A) a unit of account B) a store of value C) a medium of exchange D) all of the above E) none of the above
In the case of Commonwealth v. Hunt (1842), the Massachusetts Court held that labor unions are not necessarily illegal. They may stop work and boycott products without committing unlawful acts
Indicate whether the statement is true or false