Corporations receive no proceeds from the resale of their stock

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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Checkable deposits are money because

A) they are protected by the Federal Reserve. B) they are guaranteed by banks. C) checks bounce when there are not enough funds to cash them. D) they can be converted into currency on demand and are used directly as a means of payment. E) only banks and other financial institutions can offer them.

Economics

For a monopsonistic hirer of labor the gap between labor's marginal value product and its wage rate will be greater

a. the more elastic the supply curve for labor. b. the more inelastic the supply curve for labor. c. the more elastic the firm's demand for labor. d. the more inelastic the firm's demand for labor.

Economics

In what year did spending climb and tax collections fall to historically unusual levels, resulting in enormous deficits?

a. 1990 b. 1999 c. 2001 d. 2007

Economics

According to Angus Madison, a leading authority in the area, world per capita GDP and life expectancy grew very little until which date?

What will be an ideal response?

Economics