Which of the following would likely be involved in a new bond offering?

A) a commercial bank
B) an investment bank
C) a broker
D) a dealer


B

Economics

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Voluntary exchange ________ economic efficiency because neither the buyer nor the seller would agree to a trade unless ________

A) decreases; they both benefit B) increases; they both benefit C) decreases; neither benefit D) increases; only one party benefits

Economics

If, for a $1000 premium, you buy a $100,000 put option on bond futures with a strike price of 114, and at the expiration date the price is 110, your ________ is ________

A) profit; $4000 B) loss; $4000 C) profit; $3000 D) loss; $3000

Economics

According to Robert Gordon, what led to the decline in unemployment in the 1940s?

A) structural barriers to expanding output and employment disappeared once a sufficiently large increase in aggregate demand had taken place B) decline in unionization of the workforce C) President Truman moving away from the policies implemented by President Roosevelt D) the strengthening of property rights following the end of the New Deal

Economics

During the English civil war in the 1640s, the _____ made great inroads into the carrying trade

a. Italians b. Dutch c. Spanish d. French

Economics