The Figure Given Below Shows the Demand Curves [D₁ and D₂]

question 61

Multiple Choice

The figure given below shows the demand curves [D₁ and D₂] and the supply curve [S₁] of capital.Figure 17.1

-​Which of the following is true of American Depository Receipts (ADRs) ?

• A)ADRs cannot be sold "over the counter."
• B)​Each ADR is backed by a specific number of the issuer's local shares.
• C)​An ADR is a stock that trades in foreign countries but represents a specified number of shares in a U.S. corporation.
• D)​For foreign companies, ADRs are an easy way to purchase raw material from U.S. producers.
• E)​ADRs are issued or sponsored in the United States by the federal government.

---

Definitions:

Leadership

The ability to influence, inspire, and guide others to achieve a common goal.

Transactional Leadership

A leadership style that focuses on the exchanges that occur between leaders and their followers, where leaders reward or discipline followers based on performance.

Personal Abilities

The skills, talents, and competencies that an individual possesses, which can contribute to their performance in various tasks or roles.

Profound Effects

Significant and deep impacts that alter or influence something substantially.