Which of the following is true?
a. The stock market provides investors with an opportunity to own a fractional share of the firm's future profits.
b. A new stock issue is often an excellent way for a firm to raise funds for future expansion.
c. Changes in stock prices provide information about what investors think of various business decisions.
d. All of the above are true.
D
Economics
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In the long-run, money market equilibrium determines
A) the real interest rate. B) the value of money. C) real GDP. D) the nominal interest rate E) velocity.
Economics
In the ISLM framework, the impact of monetary policy on equilibrium income is less when
A) money demand = money supply. B) money demand is infinitely elastic. C) the interest rate is low. D) the investment function has lower interest-sensitivity.
Economics