1. When analyzing a company's balance sheet, which of the following is NOT considered part of their equity capital?
a. Common Stock
b. Retained Earning
c. A 20 year bond Outstanding
d. Preferred Stock.
2. When a country's money supply increases by large amounts, it can expect:
a. Increasing inflation
b. Its foreign exchange rate will devalue somewhat
c. Domestic interest rates will fall initially, then possibly rise subsequently.
d. All of the above