Private placements are a particularly important type of financing for __________ firms
A) very small
B) small
C) mid-size
D) large
C
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A New Keynesian firm chooses
A) its selling price and how much it sells at that price. B) its selling price but not how much it sells at that price. C) how much it sells but not the selling price. D) neither how much it sells nor the selling price.
For the monopolist, marginal revenue is
A. greater than price. B. not a consideration in the firm's pricing. C. equal to price. D. less than average revenue since price must be lowered to sell additional units.
Suppose that real GDP is initially $13 trillion and the government attempts to increase real GDP to $14 trillion
The marginal propensity to consume is 0.75, and every $1.00 increase in real government spending crowds out $0.50 in real planned investment expenditures. How much increase in real government spending could lead to the desired level of real GDP? A) $200 billion B) $250 billion C) $500 billion D) $1 trillion
A favorable supply shock abroad would
a. increase U.S. imports and decrease aggregate demand. b. decrease U.S. net exports and reduce aggregate supply. c. decrease U.S. net exports and decrease national income. d. increase U.S. net exports and increase aggregate demand.