Refer to the graph above for a private closed economy. When output or income is $350 billion there will be:

Capital structure refers to

A) the ratio of equity to debt. B) the ratio of common stock to preferred stock. C) the ratio of debt to equity. D) the ratio of cash to current liabilities

A financial asset is

a. a unit of physical capital with a positive market value b. any asset that generates a stream of income c. a share in the ownership of a productive enterprise d. a form of money e. a promise to pay future income in some form