A corporation may be reluctant to raise capital by issuing stock because
a. issuing stock to obtain money for investment is riskier than selling bonds.
b. holders of already-existing stock will gain more voting power in the corporation.
c. obtaining government permission to issue stock can be time-consuming and expensive.
d. All of the above are correct.
c
Economics
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During recessions, government expenditure automatically
A) rises because of programs such as unemployment insurance and Medicaid. B) falls because of programs such as unemployment insurance and Medicaid. C) falls because of the progressive income tax system. D) rises because of the progressive income tax system.
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Indicate whether the statement is true or false
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