If Urban Outfitters borrows $25 million from a bank to finance the construction of a new store, this is an example of
A) a bond market transaction. B) a stock market transaction.
C) indirect finance. D) direct finance.
C
Economics
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Economics
"I know that my vote alone will not influence whether or not any new foreign trade legislation is enacted, so I have decided not to spend the time learning about various legislative proposals." This quote reflects an example of
A) the free-rider problem. B) government failure. C) rational ignorance. D) voter inefficiency.
Economics