You would expect the price of a share of stock to rise if
A. the price level was declining.
B. the expected dividend of the stock rose.
C. the economy went into recession.
D. interest rates rise.
Answer: B
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A firm's short-run average cost is defined as
a. the ratio of total output to short-run total cost. b. the ratio of short-run total cost to total output. c. the additional cost of producing one more unit of output while some input is fixed. d. the additional cost of producing one more unit of output while all inputs are fixed.
In the United States, union membership reached its peak in both numbers and percent of the labor force in the decade between 1970 and 1980
Indicate whether the statement is true or false
In relation to the corporation, its bondholders are
a. borrowers b. lenders c. customers d. managers e. owners
If there were no usury law the interest rate would be _______%.
A. under 18
B. 18
C. 22
D. 28