The Aristocrat Corporation has taken out a loan to buy manufacturing equipment. The loan represents ________ for the company
A) a bond B) a liability C) equity D) an asset
B
Economics
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The Fed has immense power and there are no limits to the extent to which it can effectively control the economy
Indicate whether the statement is true or false
Economics
The expansion of capital that can occur in the long-run but not, by definition, in the short-run, means that the long-run supply is
a. perfectly horizontal while the short-run supply curve is upward sloping. b. sloping downwards while the short-run supply curve is upward sloping. c. less elastic than the short-run supply curve. d. more elastic than the short-run supply curve.
Economics