A legal claim to a part of a corporation's future profits is called
A) a bond.
B) a share of stock.
C) a dividend.
D) a financial debt.
B
You might also like to view...
Macroeconomics studies the following topics:
A) national output, the inflation rate, and the trade deficit. B) the price of Cisco stock and wage differences. C) differences in market structure. D) all of the above.
Indian exporters are concerned about trade diversion because _________ made an agreement with the ASEAN free-trade area.
a. India b. China c. the United States d. Mexico
Constant returns to scale exist when long-run average costs:
A. decrease as output is increased. B. increase as output is increased. C. remain constant as output is increased. D. None of the statements is correct.
Resource X has many close substitutes, whereas resource Y has no close substitutes. Other things equal, we would expect:
A. the demand for resource Y to be more elastic than the demand for resource X. B. resources X and Y to be close substitutes. C. resource X to be more expensive than resource Y. D. the demand for resource X to be more elastic than the demand for resource Y.