Profits that are reinvested in a firm rather than paid to the firm's owners are called
A) dividends.
B) stock options.
C) retained earnings.
D) corporate bonds.
Answer: C
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In the United States, all property is privately owned.
Answer the following statement true (T) or false (F)
Which term refers to the percentage of the population who live below the poverty line?
a. Poverty rate b. Near-poor c. Poverty gap d. Income class
If the price of inputs rises and foreign income rises:
a. Price index rises, and real GDP falls. b. Price index rises, and the change in real GDP is uncertain. c. Price index falls, and real GDP rises. d. Price index falls, and real GDP falls. e. Price index falls, and the change in real GDP is uncertain.
Changes in GDP in the short run are caused primarily by
A) demand factors. B) supply factors. C) technology. D) capital accumulation. E) all of the above