Growth in employment can result from either an increase in labor supply or an increase in labor demand
a. True
b. False
A
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If you own 10% of the shares of a corporation's stock, and the corporation is expected to earn $9 million a year in after-tax profits forever, and the interest rate is 0.05, what is the value of your shares?
a. $18 million b. $900,000 c. $9 million d. $6 million e. $180 million
Which of the following statements is correct?
a. from the bank's point of view, loans to customers are assets of the bank b. from the bank's point of view, loans to customers are liabilities of the bank c. from the customer's point of view, loans to customers are assets of the customer d. from the customer's point of view, loans to customers are liabilities of the customer e. a and b only f. a and d only Indicate whether the statement is true or false
The Sherman Antitrust Act of 1890 was passed primarily because of:
A. multiple examples of false and misleading advertising. B. the practices of various trusts in the railroad, steel, tobacco, and oil industries. C. the monopoly abuses committed by ALCOA. D. the popularity and political influence of John D. Rockefeller.
Cummins, Hubbard, and Hassett found that investment responded to a tax change that affected the user cost of capital, with an elasticity of
A. -0.25. B. 0. C. -0.66. D. -1.