In the determination of economic growth, political freedom
A) is equally as important as economic freedom.
B) contributes little to job growth.
C) appears to be less important than economic freedom.
D) is more important than economic freedom.
C
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Stockholders normally obtain higher expected payments than bondholders because
A. they are required by law to obtain a higher return. B. they face higher risk. C. the profit share declared as stock dividends is not taxable. D. they vote themselves higher returns.
An example of an in-kind benefit is
a. a welfare payment. b. capital gains. c. a charitable contribution of money. d. public housing.
According to the textbook, economics is a:
A) social science. B) study of business decisions, not social decisions. C) part of operations and management science. D) part of humanities.
In the United States, which of the following is an example of a government-inhibited good?
A. education B. cocaine C. sports stadiums D. museums