Which of the following is a characteristic of stock?
A) Stock represents ownership in a firm
B) Stock represents a promise to repay a fixed amount of funds.
C) The face value or principal plus interest is repaid at a specified period of time.
D) The length of coupon payments is fixed by the stated maturity period.
A
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The total adult population of an economy is 175 million, the number of employed is 122 million, and the number of unemployed is 17 million. The percentage of adults who are not in the labor force is
A. 30.3%. B. 13.9%. C. 20.6%. D. 25.3%.
________ are profits that accrue to whomever has the right to import the quota restricted good
A) Quota licenses B) Quota rents C) Quota prices D) None of the above.
Interest is the reward offered to households to encourage current consumption because they value future consumption more than current consumption
Indicate whether the statement is true or false
If the price of music downloads was to decrease, then
A) the demand for MP3 players would decrease. B) the demand for MP3 players would increase. C) the supply of MP3 players would increase. D) the quantity of MP3 players demanded would decrease.