If new entry occurs in a perfectly competitive industry, the demand curve for each existing firm will:
a. shift up
b. shift down.
c. shift right.
d. shift left.
b
Economics
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The __________ is calculated as the face value minus the purchase price divided by the face value
A) coupon equivalent yield B) bond equivalent yield C) yield on a discount basis D) yield to maturity
Economics
The purchasing power parity theory helps explain long-run trends in exchange rates, but not short-run fluctuations
a. True b. False
Economics
Reserve requirements is the rate the Fed charges when it lends money to banks
Indicate whether the statement is true or false
Economics
After a corporation issues stock, the stock
a. cannot be resold. b. can be resold only if the corporation wants to buy it back. c. can be resold on exchanges; the resale will raise additional funds for the corporation. d. None of the above are correct.
Economics