All of the following cash needs are appropriately sourced from a home equity loan versus credit card or short term personal loan, except for
A) renovating your home.
B) buying a new car which you plan to keep for 10 years.
C) going to Disneyworld with your family.
D) A,B and C are all correct.
Answer: C
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Investment in foreign countries that occurs by installing capital goods and using them to produce output is referred to as
A. directed capital. B. direct investment. C. capital investiture. D. portfolio investment.
In nontechnical writing, writers often write out numbers less than ____________
a. 1,000 b. 500 c. 10 d. 100
The significance of the Haymarket Square Riot, starting with the battle between strikers and their replacements at McCormick Reaper Works was:
A. It signaled the decline of unions in the U.S. B. It was instrumental in turning public opinion away from employers and toward unions. C. It resulted in better wages, hours, and working conditions for McCormick employees. D. It weakened the Knights of Labor even though the union had encouraged workers not to strike.
Eurobonds
A) may be denominated in dollars or in the currency of another country. B) are always denominated in U.S. dollars. C) are always denominated in the foreign currency. D) may not be split so that part of it is denominated in one currency and the balance is in another.