M1 refers to:
a. the most narrowly defined money supply definition.
b. currency held by the public plus checking account balances.
c. the smallest of the money-supply definitions.
d. all of these.
d
Economics
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Suppose a firm's stock valuation is worth three times its outstanding debt. The firm's stock earns an annual return of 6 percent and pays 8 percent on the outstanding debt. What is the firm's company cost of capital?
A) 4.5 percent B) 6 percent C) 6.5 percent D) 8 percent
Economics
DeWitt Clinton is most recognized for
a. inventing the wheat combine. b. being one of the primary advocates of the abolition movement. c. developing the technology to power railroad engines. d. overseeing the building of the Erie Canal.
Economics