Which of the Following Is a True Statement Relative to Retained

question 287

Multiple Choice

Which of the following is a true statement relative to retained earnings and investment?

• A) Lower interest rates stimulate borrowing for investment, but have no effect on the use of retained earnings for investment spending.
• B) Lower interest rates stimulate borrowing for investment, but discourage the use of retained earnings for investment.
• C) Lower interest rates reduce the opportunity cost of retained earnings, stimulating the use of these funds in investment.
• D) Lower interest rates have no effect on investment spending at all because investment spending is autonomous.

Understand the role and powers of administrative agencies.

Identify the processes involved in administrative rule making, including informal, formal, and hybrid rule making.

Recognize the legal implications of agency actions, including enforcement and adjudication.

Comprehend the importance of e-government and digital information technologies in delivering government services.