What happens in the secondary market?
A) secondary inputs like electricity are sold
B) a corporate financial manager will raise funds for expansion of the firm
C) newly issued claims are sold by the borrowing firm to the initial buyer
D) already issued claims are sold from one investor to another
Answer: D
Economics
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Which of the following are assumptions behind the Coase theorem?
A) low transactions costs B) low levels of pollution C) high levels of pollution D) the necessity of government intervention
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If MPP declines with greater output, then MC must increase.
Answer the following statement true (T) or false (F)
Economics