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Smiley Myrus Owns a Large Corporation That Is Building a New

Question 25

Multiple Choice

Smiley Myrus owns a large corporation that is building a new shopping mall in Winston-Salem,North Carolina.In all likelihood:


A) Smiley's firm is a supplier of loanable funds.
B) Smiley's firm pays a higher rate of interest than most borrowers, based on the Fisher equation.
C) Smiley's firm is a borrower of loanable funds.
D) Smiley's firm pays a lower rate of interest than most borrowers, based on the Fisher equation.
E) Smiley's firm would loan its profits to foreign entities.

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