In investment banking the "spread" is the difference between
A) the value of a firm's assets and the value of its liabilities.
B) the bid and asked prices on a bond.
C) the price of new capital guaranteed to the issuing firm and the price that can be obtained in the market.
D) the price of a new stock issue and the price of an equivalent new bond issue.
C
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The ________ states that in an ordinary election between two candidates, the candidates will position themselves in such a way that their platforms reflect the views of the voter in the middle
Fill in the blank(s) with correct word
If a firm doesn't make an economic profit it will shut down
Indicate whether the statement is true or false
If a nation is running a trade deficit, it is
a. spending more on public services than it is raising in tax revenues. b. worse off as the result of its trade with foreign countries. c. importing more goods and services than it exports. d. encountering a balance of payments disequilibrium.
Foreign real national income rises. This raises U.S. ___________ which ________ aggregate demand (AD). The AD curve shifts ___________ as a result
A) net exports; raises; rightward B) imports; raises; rightward C) prices; reduces; leftward D) investment; reduces; leftward E) none of the above