Refer to the information given. If Indy holds his shares for five years, he:
Indy owns 100 shares of stock in Pet Mart Corporation that he purchased for $20 per share.
Every year he has received, from company profits, $1 for each share he owns.
A. will have received $500 in dividends.
B. will earn a capital gain of $500.
C. will receive $500 in interest.
D. should sell the stock to maximize the return on his investment.
A. will have received $500 in dividends.
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Economists who support market-based reforms for health care believe that increased competition among providers of health care would
A) increase costs but increase economic efficiency. B) increase costs and decrease economic efficiency. C) decrease costs and increase economic efficiency. D) decrease costs but decrease economic efficiency.
In long-run equilibrium a perfectly competitive firm will operate where the price is
A) greater than MR but equal to MC and minimum ATC. B) greater than MR and MC, but equal to minimum ATC. C) greater than MC and minimum ATC, but equal to MR. D) equal to MR, MC and minimum to ATC.
An increase in government spending without an accompanying increase in taxes
A) does not increase aggregate demand. B) would effectively eliminate an inflationary gap. C) causes investment spending to increase. D) requires additional government borrowing.
Studies have found which of the following economic terms mentioned most often in U.S. newspapers?
a. Unemployment b. Productivity c. Inflation d. Monetary policy