During recessions many governments borrow to give them funds to increase government expenditure on job creation schemes. They then repay the borrowed funds during the boom phase. This is an example of which of the following?
A good has a price elasticity of supply of 0.8. Which of the following best describes the effects of a rise in demand for this good?
1. More will be spent on the good
2. More of the good will be made and sold
3. Producer incomes will rise
4. Price rises more than proportionately to the rise in quantity produced
Which ONE of the following is NOT an example of a long term financial need?
If central bankers wished to agree and implement new measures to assure the security of global banks, which ONE of the following bodies would they use?
Select the best definition of the corporate governance of a company from the list below.
Identify which of the following features does not distinguish redeemable debt apart from equity:
All other things remaining equal, which of the following would encourage a speculative short-term capital flow into a country's currency?
Which theory of the firm is described by the following statement?
'The decisions of management are the result of a political maneuvering of the various stakeholders connected to the organization.'
A business could meet a short term financial need by all of the following except one. Which ONE is the exception?
If a country were to join a currency union (for example, the European single currency, the Euro), its businesses would experience all of the following except which one?
