Based on the expectations hypothesis, the steep upward sloping yield curve in June of 2013 indicted that short-term rates would ________ in the future
A) climb
B) fall
C) remain the same
D) change in a random fashion
A
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Which of the following statements is incorrect?
a. A stock is a certificate representing partial ownership in a corporation. b. Like debt securities, common stock is issued by firms to obtain funds. c. Stocks are issued by corporations to raise short-term funds. d. The secondary stock market enables investors to sell stocks that they had previously purchased.
Extraterritoriality can be defined as
a. the power of one nation to create trade restrictions that involve other countries. b. the power to regulate tariffs in foreign nations as provided for by GATT. c. the power of one nation to impose its laws in other countries. d. the power of a company to extend its subsidiaries overseas without abiding by trade laws.
Contribution format income statements are prepared primarily for external reporting purposes
Answer the following statement true (T) or false (F)
Which of the following is true of special federal courts?
A) They have unlimited authority and command. B) They have jurisdiction limited by Congress. C) They are the largest class of federal courts. D) They are also known as courts of appeals.