Which of the following can issue bonds?
A. the government
B. corporations
C. government agencies
D. all of the above
Answer: D
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What will be an ideal response?
If the income elasticity of money demand is 3/4 and the interest elasticity of money demand is -1/4, by what percent does money demand rise if income rises 10% and the nominal interest rate rises from 4% to 5%?
A) 7.50% B) 6.25% C) 5.00% D) 1.25%
One reason why critics argue that large firms should not be broken up is that in some cases
A. large firms have a concentration of economic power. B. large firms are less-efficient producers. C. many smaller firms would be less-efficient producers. D. there is no economic reason to break up large firms that may have some control over the market.
Which of the following is an example of Maslow's first level of needs?
a. food b. car c. school d. church