Government revenue generated by the issue of currency is known as ________
A) monetizing the debt
B) triage
C) seignorage
D) hyperinflation
C
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In economics, money is defined as
A) any asset people generally accept in exchange for goods and services. B) the total amount of salary, interest, and rental income earned during a year. C) the total value of one's assets minus the total value of one's debts, in current prices. D) the total value of one's assets in current prices.
A corporation seeking to expand, and looking for the least risky financing option would choose:
a. stocks b. bonds c. retained earnings d. a bank loan
If a hurricane were to wipe out the majority of the eastern seaboard in the United States, it would likely cause a:
A. short-run supply shock. B. long-run supply shock. C. long-run demand shock. D. short-run demand shock.
The accompanying table shows a pizzeria's fixed cost and variable cost at different levels of output. Pizzas sell for $20 each.Number of Pizzas Per DayFixed Cost ($/Day)Variable Cost ($/Day)050002550015050500250755004501005008501255001,650 When the pizzeria makes 125 pizzas per day, its total revenue is ________.
A. $1,250 B. $125 C. $20 D. $2,500