If a corporation acquires more debt to make itself a less attractive target for hostile takeover,
a. the value of the stock rises
b. the proceeds are used to pay stockholders a one-time dividend
c. this strategy will fail since it won't be able to raise funds
d. it will use these funds to purchase new equipment
e. the corporation will become a more attractive target
B
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Let's assume producers in Canada can make 200 units of beef or 50 units of oranges, and U.S. producers can make 50 units of beef or 200 units of oranges per time period. Which country faces the lowest opportunity cost of producing beef?
A) The U.S. B) Canada C) Both countries D) Neither country
Which of the following is a problem when comparing GDPs per capita between nations?
a. Fluctuations in exchange rates affect differences in GDP per capita. b. GDP per capita fails to measure income distribution. c. All of the answers are correct. d. GDP per capita is subject to greater measurement errors for LDCs compared to IACs.