Funds lent to start-up firms in return for shares of the profit if the firms succeed are called:
A. retained earnings.
B. time deposits.
C. venture capital.
D. transfer payments.
Answer: C
Economics
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If the elasticity for computers at the current price is at 6.4, what would happen to total revenues if a computer manufacturer doubled its price?
(A) They would go up slightly. (B) They would double. (C) They would remain the same. (D) They would go down drastically.
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Why do Americans want to buy pounds?
a. To buy goods and services from British firms and to buy British assets. b. To purchase a British soccer shirt in New York. c. To purchase stock in British companies on the New York Stock Exchange. d. To purchase Canadian bonds. e. To buy goods and services only.
Economics