A share of Apple stock has a price of $430 and gives $43 of Apple profit to its owner. The interest rate on this share is
A) 10 percent.
B) $430.
C) 15.4 percent
D) $43.
A
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The above table contains information about the nation of Syldavia. There are no income taxes or imports in this nation. When real GDP is $15 billion, firms' inventories experience an unplanned
A) increase of $5 billion. B) decrease of $10 billion. C) increase of $4 billion. D) decrease of $1 billion. E) increase of $10 billion.
A country that is half as productive at producing some goods as another country, but is one quarter as productive at producing others, will not be able to gain from trade
a. True b. False Indicate whether the statement is true or false
Evidence from a study of the market for baseball players using 1960s data
a. indicated that sports with strong player associations are unlikely to experience wage discrimination. b. suggested that government regulation had eliminated most evidence of wage discrimination. c. found some evidence of consumer-driven wage discrimination. d. found that measurement of marginal productivity was very difficult for baseball players.
Refer to the accompanying figure. If the government imposed a price ceiling of $40, what would happen in this market?
A. The equilibrium quantity would fall. B. The price ceiling would have no effect. C. There would be excess demand. D. There would be excess supply.