"Information problematic" borrowers must usually go the __________ finance route and issue __________ securities
A) direct; traded
B) direct; nontraded
C) indirect; traded
D) indirect; nontraded
D
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Which of the following statements identifies a difference between correlation and causation?
A) Correlation occurs when one thing directly affects another, whereas causation implies a mutual relationship between two things. B) Causation cannot arise when correlation is present, and correlation cannot arise when causation is present. C) Correlation implies a mutual relationship between two things, whereas causation occurs when one thing directly affects another. D) A causal relationship exists between two variables when they are correlated, but correlation does not necessarily exist if there's a causal relationship between two variables.
Log-linear demand function is also called a constant-elasticity demand function
Indicate whether the statement is true or false
Refer to the following figure.
Geri likes avocados; each additional avocado she consumes adds as much to her total utility as did the previous one. Which of the four graphs best represents Geri's marginal utility curve for avocados?
A. A B. B C. C D. D
The audit working paper known as a "proof of cash" is a means of proving that checks paid by the bank during the test period were not in excess of authorized cash receipts during that same test period.
a. true b. false