The capital market is a market for trading of financial assets such as
Banker's acceptances
Treasury bills
Long-term securities
Commercial papers
Correct answer is C
No explanation has been provided for this answer.
The price paid for labour services is the
Commission rate
Wages rate
Income rate
Salary rate
Correct answer is B
No explanation has been provided for this answer.
A tax that increases at a higher percentage as income increase is called
A proportion tax
A regressive tax
A progressive tax
An income tax
Correct answer is C
No explanation has been provided for this answer.
The raising of funds by selling stocks to the public is called
Equity financing
Stock financing
Debt financing
Loan financing
Correct answer is A
Stocks are sometimes called equity because the buyer of the stock has part ownership of the company (that initially issued the stock). When a corporation sells stock it is selling an ownership interest in the corporation and raising funds for investment in plant and equipment (for example an initial public offering).
Company producing unrelated commodities
Group of firms producing related commodities
Group of firms producing distinct commodities
Firms producing differentiated commodities
Correct answer is B
No explanation has been provided for this answer.