If real GDP in Korea amounted to 448.3 trillion wons in 1999 and 473.7 trillion wons in 2000 . compute the growth experienced by this country in 2000?
a. 5.4%
b. 5.66%
c. 2.54%
d. -1.05%
e. -9.4%
b
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If Andre Preneur puts together a company that yields a profit of $40,000 per year and this profit stream is expected to continue indefinitely, what price can he sell the company for if the discount rate equals 8 percent?
a. $40,000 b. $60,000 c. $100,000 d. $250,000 e. $500,000
Which of the following "shareholder rights" plan when implemented provides all shareholders other than outsiders the right to purchase additional shares at a discount?
a. A flip-in poison pill b. A "crown jewels" defense c. A "white knight" bid d. A de-conglomeration
Greater economic efficiency and income equality can usually both be achieved in an economy simultaneously.
Answer the following statement true (T) or false (F)
How can bonuses to exceptional employees be considered economic rents?