Which of the following investments offers fixed dividend payments?
A) Consols
B) Zero-coupon bonds
C) Preferred stock
D) Convertible stock
C
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P-TV and QRS-TV are trying to decide whether to air a sitcom or a reality show in a given time slot. Viewers like both sitcoms and reality shows, but sitcoms are more expensive to produce than reality shows since real actors need to be hired. QRS-TV makes its decision first, and then P-TV observes that choice before making its decision. Both stations know all of the information in the decision tree below. In the equilibrium of this game:
A. QRS-TV will air a sitcom and P-TV will air a reality show. B. QRS-TV will air a reality show and P-TV will air a sitcom. C. both stations will air sitcoms. D. both stations will air reality shows.
Figure 6-9
In 1983, government price supports raised the price of sugar above its equilibrium value. Which graph in Figure 6-9 illustrates the impact of sugar price supports on the sugar substitute fructose?
A. 1 B. 2 C. 3 D. 4
Suppose the U.S. dollar weakens against the euro (and against other major currencies). We know with certainty that this weakening of the dollar will cause which of the following to occur?
A) a recessionary gap B) an inflationary gap C) a deflationary gap D) none of the above
This graph demonstrates the domestic demand and supply for a good, as well as the world price for that good.According to the graph shown, if this were depicting an autarky, the amount being bought domestically is:
A. 60 at $10 each. B. 115 at $14 each. C. 60 at $17 each. D. 150 at $10 each.