One advantage of issuing a bond to raise money rather than a stock is that issuing a bond allows a corporation to:
a. preserve equity

According to purchasing-power parity, if the price of a basket of goods in the U.S. rose from $1,500 to $2,000 and the price of the same basket of goods rose from 600 units of some other country's currency to 1,000 units of that country's currency, then the

a. nominal exchange rate would appreciate. b. nominal exchange rate would depreciate. c. real exchange rate would appreciate. d. real exchange rate would depreciate.

In Figure 10.1, which of the following could cause a shift from AD0 to AD1, ceteris paribus?

A. An increase in consumer confidence. B. An increase in consumption. C. A decrease in investment. D. An increase in exports.