The sale of new stocks by a corporation is one source of investment funds
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
If nominal GDP is $10 trillion and real GDP is $8 trillion, then the GDP deflator is
a. 80, and this indicates that the price level has decreased by 20 percent since the base year. b. 80, and this indicates that the price level has increased by 80 percent since the base year. c. 125, and this indicates that the price level has increased by 25 percent since the base year. d. 125, and this indicates that the price level has increased by 125 percent since the base year.
Suppose a firm in a purely competitive market discovers that the price of its product is above its minimum AVC point but everywhere below ATC. Given this, the firm:
A. minimizes losses by producing at the minimum point of its AVC curve. B. maximizes profits by producing where MR = ATC. C. should close down immediately. D. should continue producing in the short run but leave the industry in the long run if the situation persists.