Corporations can acquire funds for investment projects through
a. both c and e
b. all of the following
c. borrowing (e.g., from banks)
d. issuing bonds
e. issuing stock
B
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Someone who is out of work because they are between jobs is experiencing
a. frictional unemployment. b. structural unemployment. c. seasonal unemployment. d. cyclical unemployment.
On the vertical axis, the Phillips curve depicts the
a. the rate of unemployment. b. rate of inflation. c. rate of growth of nominal GDP. d. rate of growth of real GDP.
Which of the following is true about advertising?
A. Firms spend money on advertising in an attempt to make the demand curve more elastic. B. Advertising may be the only way that a new entrant can penetrate a market dominated by long-established firms. C. Advertising has no impact on entry costs or market structure. D. Firms consider advertising to be successful if it succeeds in lowering the long-run average cost.
Which of the following organizations is exempt from prosecution under the Sherman Antitrust Act (1890)?
A) retailers B) book publishers C) labor unions D) television stations