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NEW QUESTION: 1
Which of the following statements concerning medium-term notes and corporate bonds are true?
I). Medium term notes differ from bonds in the manner in which they are distributed to investors when they are initially sold.
II). Typically, investment-grade corporate bond issues are underwritten by investment bankers.
III). Medium term notes have traditionally been distributed on a best efforts basis by either an investment banking firm or dealers acting as agents.
IV). Medium term notes are usually sold in relatively small amounts on either a continuous or an intermittent basis, while bonds are sold in large, discrete offerings.
A. I, III and IV.
B. I, II and IV.
C. I, II, III and IV.
Answer: C
NEW QUESTION: 2
A stored procedure returning one value is created. Which two methods can be used to execute the procedure? (Choose two.)
A. SELECT statement within a HAVING clause
B. SELECT statement with tables in the FROM clause
C. EXECUTE command
D. SELECT statement without a FROM clause
E. SELECT statement within a FROM clause
Answer: D,E
NEW QUESTION: 3
Teenagers are often priced out of the labor market by the government-mandated minimum-wage level because employers cannot afford to pay that much for extra help. Therefore, if Congress institutes a subminimum wage, a new lower legal wage for teenagers, the teenage unemployment rate, which has been rising since 1960, will no longer increase.
Which of the following, if true, would most weaken the argument above?
A. Since 1960 the teenage unemployment rate has risen when the minimum wage has risen.
B. Employers often hire extra help during holiday and warm weather seasons.
C. The teenage unemployment rate rose more quickly in the 1970's than it did in the 1960's.
D. Since 1960 the teenage unemployment rate has risen even when the minimum wage remained constant.
E. The teenage unemployment rate has occasionally declined in the years since 1960.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
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CAST Exam Info
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CAST Exam Topics
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CAST Offcial Page
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