In 2013, new stock sales accounted for ____ in corporate financing because corporations bought back some of their stock
a. $2 billion
b. -$384 billion
c. $1 trillion
d. ?$65 billion
b
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In the textbook model, wealth is held in two forms: money and in bond funds. Which of the following statements are true?
I. Money and bond funds earn the same interest rates in a well functioning money market. II. Money is a more liquid asset compared to bond funds. III. Bond funds are interest earning assets while money generally is not. IV. The difference between the interest rates paid on money deposits and the interest return available from bonds is the cost of holding money. A) I, II, and IV B) I and IV C) II, III, and IV D) III and IV
The smaller U.S. mainframe computer and peripheral equipment manufacturers of the 1960s (the "Bunch") were perfect competitors, since they produced homogenous products and had little control over the market price
Indicate whether the statement is true or false