Good internal control over financial investments requires that the treasurer obtain certificates for all securities and keep them in the company safe.

What is asymmetric information?

What will be an ideal response?

Which of the following is true in the classical model?

a. A spontaneous increase in spending can cause an increase in output and employment. b. An increase in output and employment can cause a decrease in spending. c. A spontaneous decrease in spending can cause an increase in output and employment. d. An increase in output and employment can cause an increase in spending. e. A spontaneous decrease in spending can cause a decrease in output and an increase in employment.