If money raised in the issue of new stocks and bonds is used effectively,
a. the income from them is not subject to double taxation.
b. a firm need not meet SEC requirements.
c. the stock is being "watered."
d. they generate the means of repayment.
d
Economics
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In 2011, U.S. GDP was
A) $15 trillion using the expenditure approach. B) $15 trillion using the income approach. C) $15 trillion using the expenditure approach and $14 trillion using the income approach. D) $16 trillion using the income approach and $14 trillion using the expenditure approach. E) both A and B are correct.
Economics
Which of the following does NOT describe a function of money?
A) unit of account B) barter C) medium of exchange D) store of value
Economics