Author Question: At higher interest rates, fewer people or firms will want to borrow. At lower interest rates, fewer ... (Read 175 times)

storky111 · **on:** Jun 30, 2018

At higher interest rates, fewer people or firms will want to borrow. At lower interest rates, fewer people or firms will want to save.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Directors can make opportunistic choices to advance their personal interest when:
a. they plan to sell off the corporation stocks at inflated prices.
b. they hold majority of the stocks in the corporation.
c. they are aware that the cost of forming a new board of directors is high.
d. their personal returns from the well being of the corporation is high.