RLG100Y1 Lecture : lecture feb 13/12
Document Summary
Get access
Related Documents
Related Questions
QUESTION 10
Short-term bond yields are generally ______ than long-term bond yields, whereas long-term bond prices are generally ________ than short-term bond prices.
more volatile, less volatile | ||
less volatile, more volatile | ||
less volatile, less volatile | ||
more volatile, more volatile |
2.5 points
QUESTION 11
Common stockholders have a residual claim to income, in other words they are last in line.
True
False
2.5 points
QUESTION 12
Stock classes are similar to bond ratings in that they are used to rank the performance of different corporations' stock.
True
False
2.5 points
QUESTION 13
The particular type of shareholder voting used has become less important with the influence of takeovers, leveraged buy-outs, and other challenges to management control.
True
False
2.5 points
QUESTION 14
Which of the following is not a true statement?
| |||
| |||
| |||
A minority interest can still elect members to the Board of Directors under cumulative voting even though someone else owns 51% of the stock. |
2.5 points
QUESTION 15
The purpose of cumulative voting is
| |||
| |||
| |||
to prevent the dilution of common stock through preemptive rights offerings. |
2.5 points
QUESTION 16
A rights offer made to existing shareholders with the sole purpose of making it more difficult for another firm to acquire the company is called
| |||
| |||
| |||
|
2.5 points
QUESTION 17
A possible advantage to a rights offering is that
| |||
| |||
| |||
|
2.5 points
QUESTION 18
Which of the following actions will provide the shareholders with the most total wealth when a company conducts a rights offering?
| |||
| |||
| |||
|
2.5 points
QUESTION 19
The subscription rate of a new offering is generally _______ than the rights-on price and _______ than the ex-rights price.
| |||
| |||
| |||
lower; lower |
1) What is one of the reasons that interest groups have proliferated over the past half century?
a. Developments in technology made interest group activities easier.
b. A decline in government performance prompted new groups to form.
c. Interest groups became more successful in running candidates for office.
d. Legal restrictions on lobbying activities were lifted.
e. A decline in political parties led to more interest group formation.
2) Which of the following is an example of a single-issue interest group?
a. the Chamber of Commerce
b. the American Association of Retired Persons
c. the Virginia 21 Coalition
d. Common Cause
3) Which of the following is a cost of voting?
a. party identification
b. being informed
c. gender
d. political efficacy
4) Which of the following is an example of the free-rider (or collective action) problem?
a. an elected official accepting bribes from an interest group
b. an elected official relying on information from lobbyists
c. a political action committee contributing to candidates from both major political parties
d. an environmental group struggling to raise funds for a âclean airâ campaign
5) Referring to Figure 10.2, which of the following statements about PAC campaign contributions made by banks and labor unions is true?
a.
Labor PACS donate slightly less money to campaigns overall than do banking PACs.
b.
Banking PACS direct their donations to support whichever candidate shares their ideological values. c. Labor PACs consistently give the majority of their PAC money to Democrats, even when Republicans control Congress. d. Banking PACS focus their money on Democrats, but when Republicans are in power, they split their donations between the two parties. 6) With the formation of so many interest groups in recent years and with so many of them having influence in Washington, __________ argue that it has been increasingly difficult to accomplish major policy change in Washington. a.pluralists b.hyperpluralists c. elitists d. labor unions |