All of the following were parts of the vision during the early days of e-commerce except the belief that:
A) new, "first-mover" middlemen, with expertise in e-commerce, would force traditional intermediaries out of business.
B) Web consumers were rational and cost-driven.
C) entry costs to the online retail market would be much less than those needed to establish a physical storefront.
D) the cost of acquiring customers would be much lower.
A
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Which of the following is true of a Eurodollar deposit?
A) Eurodollar deposits tend to provide yields below nearly all other marketable securities with similar maturities due to their low risk. B) Eurodollar deposits are non-negotiable and pay interest only at maturity, hence the yield is higher than on other marketable securities with similar maturities. C) Eurodollar deposits tend to provide yields above nearly all other marketable securities with similar maturities due to the higher risk. D) Eurodollar deposits tend to provide higher yields above nearly all other marketable securities with similar maturities due to the absence of an active secondary market.
Bank loans from the Federal Reserve are called ________ and represent a ________ of funds
A) discount loans; use B) discount loans; source C) fed funds; use D) fed funds; source