What is the problem with passive voice?
a. a bureaucratic tone
b. a sentence containing less information than the writer realizes
c. both of the above
d. none of the above
c
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Which of the following statements about the balance of payments is NOT true?
A) The BOP is the summary statement of all international transactions between one country and all other countries. B) The BOP is a flow statement, summarizing all international transactions that occur across the geographic borders over a period of time, typically a year. C) Although the BOP must always balance in theory, in practice there are substantial imbalances as a result of statistical errors and misreporting of current account and financial account flows. D) All of the above are true.
When a company sells stock to the general public for the first time, it is called an initial public offering
Indicate whether the statement is true or false.