A negotiable large-denomination certificate of deposit is an example of a
A) capital market instrument to finance capital acquisitions.
B) money market instrument to finance inventories and short-term receivables.
C) type of stock held by financial institutions.
D) type of stock held by individuals.
B
Economics
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If the nominal interest rate is 2.9 percent and the rate of inflation is 0.6 percent in a given year, then what is the corresponding real rate of return?
A) 3.5 percent B) 2.3 percent C) -3.5 percent D) None of the above.
Economics
Rapid growth of government spending in Latin America in the 1970s led to
A) the Debt Crisis. B) rapid economic growth. C) direct foreign investment. D) capital outflows.
Economics