Since they require less monitoring of firms, ________ contracts are used more frequently than ________ contracts to raise capital
A) debt; equity
B) equity; debt
C) debt; loan
D) equity; stock
A
Economics
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The process of focusing on only the most important factors to explain a phenomenon is called
a. abstraction. b. marginal analysis. c. rational choice. d. controlled experimentation. e. the trade-off between efficiency and equality.
Economics
If a 15% increase in price for a good results in a 20% decrease in quantity demanded, the price elasticity of demand is
a. 0.75. b. 1.25. c. 1.33. d. 1.60.
Economics