Traditionally, Wall Street investment banks had been organized as ________, but by 2000 they had converted to being ________
A) sole proprietorships; partnerships B) partnerships; sole proprietorships
C) corporations; partnerships D) partnerships; publicly-traded companies
D
Economics
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Consider an initial IS-LM equilibrium with normally-sloped curves. An increase in government spending takes us to a new equilibrium with ________ income and ________ interest rate
A) higher, a higher B) higher, a lower C) an unchanged, a higher D) an unchanged, a lower E) lower, an unchanged
Economics
If the income elasticity of demand (YED) for a good is 0.9, then the good is:
(a) An Inferior good; (b) A Normal good; (c) A Luxury or Superior good; (d) The above information is incomplete and therefore no judgement is possible.
Economics