Which of the following is not true of venture capitalists?
A. They incur risk.
B. They may experience losses.
C. They share in any profits that may result.
D. They have the same financial liability as corporate stockholders.
Answer: D
Economics
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A flexible exchange rate is also referred to as a(n):
A) open market exchange rate. B) liquid exchange rate. C) nominal exchange rate. D) floating exchange rate.
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If the price of one input changes, generally the firm will change its use of both inputs.
Answer the following statement true (T) or false (F)
Economics
There are different kinds of income discussed in the book. Which one of the following does not belong
a. Discretionary b. Disposable c. Gross d. Aspirational
Economics
"To be useful, a model must be completely realistic." Evaluate
What will be an ideal response?
Economics