Corporations are required to pay dividends.
Answer the following statement true (T) or false (F)
False
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The federal law prohibiting mergers when the merger reduces competition substantially is the
A) Clayton Act. B) Miller-Tydings Act. C) Robinson-Patman Act. D) Sherman Act. E) Taft-Hartley Act.
If electricity demand is inelastic, and electric rates increase, which of the following is likely to occur?
A) Quantity demanded will fall by a relatively large amount. B) Quantity demanded will fall by a relatively small amount. C) Quantity demanded will rise in the short run, but fall in the long run. D) Quantity demanded will fall in the short run, but rise in the long run.
If the economy is experiencing less than full-employment, the Keynesian school recommends that the government:
A. do nothing to stimulate the economy. B. undertake fiscal policy to stimulate aggregate demand. C. undertake fiscal policy to stimulate aggregate supply. D. balance the budget to stimulate aggregate demand.
When 100 people who were previously looking for jobs stop looking for jobs, the
A. unemployment rate increases. B. labor-force participation rate does not change. C. unemployment rate does not change. D. size of the labor force decreases.