Author Question: When Ferrari sells stock to the public in its IPO, it will do so through the New York Stock ... (Read 92 times)

Garrulous · **on:** Jun 29, 2018

When Ferrari sells stock to the public in its IPO, it will do so through the New York Stock Exchange. This is an example of Ferrari using ________ to raise funds.

A) corporate governance B) bonds
C) direct finance D) indirect finance

Question 2

How large was the estimated U.S. fiscal imbalance in 2014 and how did it divide between current and future generations?

What will be an ideal response?

dajones82 · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

C

Answer to Question 2

In 2014, the fiscal imbalance was estimated to be 68 trillion. The generational imbalance estimates suggest that the current generation will pay 83 percent and future generations will pay 17 percent of the fiscal imbalance.