Financial risk is associated with changes in
A) the demand for a firm's products.
B) a firm's debt.
C) a firm's labor costs.
D) government regulations of a firm's activities.
B
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Which of the following is true?
A) The real interest rate is always positive. B) The nominal interest rate is usually negative. C) The real interest rate can be negative. D) The real interest rate can never be zero. E) The nominal interest rate is usually less than the real interest rate.
A new U.S. import quota on imported steel would be likely to: a. raise the cost of production to steel-using American firms. b. generate tax revenue to the government
c. decrease U.S. production of steel. d. increase the production of steel-using American firms.
Rent-seeking behavior refers to
a. the offering of goods on a for-rent rather than for-sale basis. b. profit maximization by producers. c. unproductive activity in the pursuit of economic profit. d. illegal manipulation of prices.
The textbook cites a study comparing a group of consumers with first-dollar coverage to a group with a $1,000 deductible. The study results indicate that those with the deductible spent _____ on health care and had ________ health outcomes relative to those with first-dollar coverage.
A. more; better B. more; the same C. less; worse D. less; the same