If an economy is producing a combination of goods that places it inside the production possibilities curve, then it has:
A) economic growth.
B) full employment.
C) efficiency.
D) idle factors of production or inefficient use of resources.
Ans: D) idle factors of production or inefficient use of resources.
Economics
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An IOU reflecting the corporation's promise to pay the holder a fixed sum of money at a designated maturity date plus an annual interest payment until maturity is
a. a bond b. a stock certificate c. a prospectus d. a golden parachute e. an underwriting note
Economics
The bond market
a. is a financial market, whereas the stock market is a financial intermediary. b. is a financial intermediary, whereas the stock market is a financial market. c. is a financial market, as is the stock market. d. is a financial intermediary, as is the stock market.
Economics