Walmart wants to raise $250 million to finance the renovation of their retail stores, and the company wishes to raise the funds through indirect finance. Which of the following methods could it use?
A) It could issue $250 million in stock. B) It could sell $250 million in bonds.
C) It could borrow $250 million from a bank. D) It could choose either A or B.
C
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In a world where people would have no prior information about where they are in an income distribution, given the choice, Rawls argues that they would prefer
a. an income distribution that is relatively equal b. that everyone has the same work opportunities and then let incomes be what the market generates c. to rely on their abilities so accept high levels of income inequality d. that private property be transformed to government property to safeguard their incomes e. less economic assistance to the poor because it distorts the price system
The U.S. has an absolute advantage in the production of
A. beer.
B. pizza.
C. both beer and pizza.
D. neither beer nor pizza.