If you own 500 shares of preferred stock, how many regular votes would you get to cast at the next stockholders meeting?
A) 500
B) 250
C) 1
D) 0
D
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The ways to address agency costs include all EXCEPT
a. running background checks on prospective employees b. requiring employees to punch time clocks c. instituting longer work days d. replacing closed offices with cubical office spaces
The additional production resulting from hiring one more worker is
A. marginal production. B. marginal opportunity cost. C. marginal cost. D. marginal physical product.
If the government imposes a specific tax on a monopoly, the consumer's tax incidence
A) can exceed 100%. B) will always be between 0-100%. C) may be negative. D) will be the same as when the tax is imposed on a perfectly competitive firm.
During the recession of 2008-2009, cyclical unemployment increased as the recession continued. This increase in cyclical unemployment would have
A. increased the natural rate of unemployment. B. had no effect on the natural rate of unemployment. C. decreased the natural rate of unemployment. D. either increased or decreased the natural rate of unemployment.