A share of stock indicates that the company owes money to the person owning the share.
Answer the following statement true (T) or false (F)
False
A bond is a debt. A stock is a share of ownership.
You might also like to view...
An economy is experiencing a high rate of inflation. The government wants to reduce aggregate demand by $36 billion to reduce inflationary pressure. The MPC is 0.75. By how much should the government raise taxes to achieve its objective?
A. $9 billion B. $6 billion C. $16 billion D. $12 billion
If companies that were creating pollution had to pay the social cost of production, they would want to supply:
A. more at any given price. B. less at any given price. C. the same amount at the equilibrium price. D. the same amount at any given price.
When a firm's profit maximizing sales level is positive, its marginal revenue is ______ its marginal cost at that quantity.
A. greater than B. less than C. equal to D. less than or equal to
If two goods are ________, then an increase in the price of one leads to ________ in the quantity demanded of the other
A) complements; a decrease B) complements; no change C) substitutes; a decrease D) substitutes; no change E) normal; an increase