Which type of credit requires that the borrower pay a specific amount in a set number of payments of equal amounts?

A.

Revolving credit

B.

Installment credit

C.

Noninstallment credit

D.

Line of credit

An increase in the aggregate demand for goods and services will result in an increase in the amount of output firms are willing to produce, and this increase in output is accompanied by: A. a decrease in the inflation rate. B.

Drug companies are allowed to be monopolists in the drugs they discover in order to A. increase the overall welfare of society through better health because drug companies continually produce better medications. B.

What is a tariff? A. tax on a business to increase revenue B. tax on imports to protect local and national business C. tax on exports from local businesses to make money D. payment for purchase of means to produce goods

When the effective interest rate method of amortization is used, the amount of interest expense for a given period is calculated by multiplying the face rate of interest by the bond's carrying value at the beginning of the given period. True/False?

A client in treatment for drug abuse makes the statement to some of the other clients, "I am a winner. You all are the losers because you can't beat this on your own.

Which two factors directly affect the price of a stock

Investment in depreciable equipment$560,000 Annual net cash flows $82,000 Life of the equipment 16years Salvage value$0 Discount rate 9% The company uses straight-line depreciation on all equipment.

Which of the following statements is true? (A) A test with a high cost may also be high value. (B) A test with a low cost is always of low value. (C) Cost and value have the same definition. (D) None of the above

Which term refers to the practice of revaluing an acquired subsidiary's assets and liabilities to their fair values directly on that subsidiary's books at the date of acquisition?

Supply-side market failures occur because it is impossible in certain cases for sellers to charge consumers what they are willing to pay for a product. a. True b. False