Which of the following statements is true of bond markets?
a. A small firm can easily raise funds by issuing bonds because an investor can get a large percentage of ownership with considerably less amount of money.
b. A small firm can easily raise funds by issuing bonds because investors believe that small firms have a higher potential of growth.
c. A large and famous firm can easily raise funds by issuing bonds because investors are familiar with the company and are therefore more willing to consider investing in it.
d. A large and famous firm can easily raise funds by issuing bonds because only large firms can afford the minimum cost of entering the bond market.
c
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________ is the economic framework that describes an individual's optimal actions in settings where interactions with others determine her well-being
A) Game theory B) Utility Optimization C) Strategic Equilibrium D) Best Response model
Which of the following markets is likely to be perfectly competitive?
A) The market for patented nuclear medicines B) The market for wheat C) The market for smart phones D) The market for shower gel
Suppose the IS curve shifts back and forth. With a steep LM curve you get __________ variability in the interest rate and __________ variability in output than you get with a flat LM curve
A) more; more B) more; less C) less; more D) less; less
Identify the industrial country that spends 43 percent of its budget on social security, health, and education programs
a. China b. India c. Brazil d. Russia e. The United States