How can a partnership raise funds needed for firm expansion?
What will be an ideal response?
By retaining earnings, taking on additional partners, or borrowing from relatives, friends, or a bank.
Economics
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________ are the time and resources spent trying to exchange goods and services
A) Bargaining costs B) Transaction costs C) Contracting costs D) Barter costs
Economics
When prices rise, consumers and businesses hold larger money balances. This reduces the supply of loanable funds, increases the interest rate, and discourages both consumption and investment. This process is called the:
a. interest-rate effect. b. real balance effect. c. investment effect. d. disinvestment effect.
Economics