A Negotiable Large-Denomination Certificate of Deposit Is an Example of a

question 117

Multiple Choice

A negotiable large-denomination certificate of deposit is an example of a

• A)capital market instrument to finance capital acquisitions.
• B)money market instrument to finance inventories and short-term receivables.
• C)type of stock held by financial institutions.
• D)type of stock held by individuals.

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Definitions:

Demand

In economics, the quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Copyrights

Legal rights given to creators over their creations, granting them exclusive rights to use and distribute their work for a certain period of time.

Marginal Cost

The hike in overall cost that comes with the assembly of an extra unit of a product or service.

Elasticity

A measure in economics to show how much the quantity demanded or supplied of a good responds to a change in price or other factors.