A leveraged buyout by Eaton's of Simpson's stock or assets
a. is financed by Eaton's using its own corporate retained earnings
b. is primarily debt financed
c. is financed by Eaton's stock offering
d. is financed by Eaton's selling Simpson's stock or assets that Eaton's acquires in the leveraged buyout
e. is financed by Simpson's going bankrupt allowing Eaton's to buy its stock or assets below value (which means leveraged)
B
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According to the quantity theory of money, in the long run, an increase in the quantity of money does not change real GDP but does raise the price level
Indicate whether the statement is true or false
Assume that the hourly price for the services of personal trainers has risen and sales of these services have also risen. One can conclude that
A) personal trainers are deliberately charging high prices because they provide services for wealthy clients. B) the demand for personal trainers has increased. C) the law of demand has been violated. D) the number of personal trainers has increased.