According to the Classical growth model, the most important source of economic growth is:
A. increasing returns to scale.
B. population growth.
C. capital accumulation.
D. technological development.
Answer: C
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Although based in the United States, IBM is a global company with more than ________ of its revenue earned outside of the United States
A) one-fourth B) one-third C) one-half D) two-thirds
Refer to Figure 2-4. A movement from ________ is the result of advancements in plastic production technology
A) V to X B) Z to W C) W to X D) Y to Z
Which of the following is not true with respect to underwriting?
A) Announcements of successful underwritings are called tombstones. B) Often a number of investments banks band together in a syndicate to market a new issue. C) Underwritings of new issues take place on the floor of the New York Stock Exchange. D) The investment bank typically guarantees an issuer of securities a price on the new issue.
If you were to invest $10,000 for two years and the interest rates for each of those years are 4.5% and 4.65% respectively, how much interest would you earn from the end of year one until the end of year two? Assume interest compounds annually.
What will be an ideal response?