If you own 100 shares of preferred stock, how many regular votes would you get to cast at the next stockholders meeting?
A) 500
B) 100
C) 1
D) 0
Answer: D
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The marginal social cost of producing the last unit of a good is $1.10 while the consumers' willingness to pay for the last unit is $0.80. The deadweight loss from the production of the last unit of the good in equilibrium is ________
A) $1.10 B) $1.90 C) $0.50 D) $0.30
The direct exchange of one good or service for another is called
A) a token exchange. B) a standard of deferred payment. C) the exchange of purchasing power. D) barter.
Bankers supported the Federal Reserve Board's Regulation Q because:
a. it allowed them to charge lower interest rates on loans. b. it protected them from money market volatilities. c. it increased the demand for loanable funds in the market. d. it allowed them to borrow at a low rate of interest and lend out at a high rate of interest.
The cash or concessions present in contract terms that parties agree to in order to share risks are called:
a. quid pro quos. b. property rights. c. flexible takes. d. contract prices.