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In Order to Be Found Guilty for Violation of Rule

question 12

True/False

In order to be found guilty for violation of Rule 10b-5, intentional conduct (scienter) must be proven.


Definitions:

Budget Deficit

The situation where a government's expenditures exceed its revenue.

Demand For Loanable Funds

The desire by households and firms to borrow money to finance investment projects, where the interest rate is the price of the loan.

REAL Number

A value that represents a quantity along a continuous line, including all rational and irrational numbers.

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