The term liquidity trap describes a macroeconomic scenario in which: a. low interest rates cause firms to shift toward capital and away from labor, increasing unemployment.
b. increased levels of imports cause a country to shift away from manufacturing, which leads to increasingly higher levels of imports.
c. low interest rates cause people to hoard money, making output and employment stagnate.
d. an excess of cash is introduced into the economy, causing large levels of inflation.

Which of the following is not a potential problem with beta and its estimation? sometimes, during a period when the company is undergoing a change such as toward more leverage or riskier assets, the calculated beta will be drastically different than the "true" or "expected future" beta. the beta of "the market," can change over time, sometimes drastically.

The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.

Burnley and co., a graphic design firm, has offices in new york, texas, california, new mexico, and new jersey. each of these offices is headed by a president who reports directly to emma burnley, the ceo. the heads of the centralized hr, finance, and marketing teams report to emma burnley as well. managers in the various offices also report to the ceo directly. based on this information, which of the following statements is most likely to be true? a) emma burnley has a wide span of control. b) burnley and co. has a tall hierarchical structure. c) emma burnley is underworked. d) burnley and co. is a mechanistic organization.