An adviser has custody of a client's securities or funds if the adviser A) accepts prepayment of advisory fees or has discretion over a customer's account B) has authority to withdraw funds from a client's account for the benefit of the adviser for the payment of the quarterly advisory fees C) uses a broker-dealer to hold the customer's funds and securities and has limited trading authority over the account D) maintains the customer's funds and securities in a joint account with the registered investment adviser

Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.

Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.