Corporations must always pay dividends to their shareholders
a. True
b. False
Indicate whether the statement is true or false
False
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The table above gives the market share of sales of firms in the retail clothing market. What is the four-firm concentration ratio?
A) 70 percent B) 100 percent C) 85 percent D) 65 percent
There is an externality present only when
A) private costs equal social benefits. B) private benefits equal social benefits. C) private costs or benefits diverge from social costs or benefits. D) private costs equal social costs.
Which statement is false?
A. Time deposits are subject to higher reserve requirements than checking deposits. B. Treasury bills and notes are generally considered part of a bank's secondary reserves. C. Large banks are subject to a 10 percent reserve requirement on nearly all of their checking deposits. D. None of the statements are false.
The most likely substitute good for hot dogs would be:
A. burgers. B. potato chips. C. ketchup. D. a plate.