The Keynesian view suggests that the government can reduce aggregate demand by using:
A. Restrictive fiscal policy to shift the government budget toward a surplus(or smaller deficit).
B. Restrictive fiscal policy to shift the government budget toward a deficit(or asmaller surplus).
C. Expansionary fiscal policy to shift the government budget toward a surplus(or asmaller deficit).
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According to the Standards of Practice Handbook, members must make a reasonable inquiry into a clients financial situation, and must do all of the following except:
A. Consider the suitability of investment recommendations for the client.
B. Distinguish between fact and opinion when making recommendations.
C. Update information in the clients situation at least semi-annually.
If a corporate bond is non-refundable, the issuer:
A. Must leave the bonds outstanding until their scheduled maturity.
B. May call the bonds and issue common equity in their place.
C. May issue zero coupon bonds and use the proceeds to call the bonds.
A company is most likely faced with a drag on liquidity if its:
A. Weighted average collection period increases from 42 days to 46 days.
B. Largest vendor changes its invoice terms from "3/10 net 30" to "3/10 net 60."
C. Inventory turnover was below the industry average last year and is above the industry average this year.
Supplying capital to companies that are just moving into operation, but do not as yet have a product or service available to sell, is a description that best relates to which of the following stages o
A. Early stage.
B. Mezzanine stage.
C. Angel investing stage.