Recession is the opposite of
A) economic growth.
B) economic decay.
C) stagflation.
D) inflation.
E) deflation.
A
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Suppose that the annual dividend per share of stock is $1.80 and the closing price of the stock is $32.00, the yield on the stock would be approximately
A. 10.5% B. 5.7% C. 21.6% D. 9.7%
Which of the following statements is true?
A) National income accountants consider the portion of corporate profits that is used to pay corporate profits taxes to be income earned by households but not received. B) Net domestic product (NDP) is a smaller dollar amount than GDP. C) Personal income includes transfer payments. D) b and c E) a, b, and c
It makes sense for Wendy's to advertise its new menu that allows customers to choose fruit or salad as a substitute for French fries in its values meals, as long as doing so raises:
A. revenue by less than the cost of advertising. B. costs. C. revenue by more than it raises the cost of advertising. D. any revenue at all.
Refer to the graph shown. Without government intervention, market forces would result in:
A. 500 labor hours demanded, 900 labor hours supplied, and a wage rate of $7.25 per hour. B. 500 labor hours demanded, 500 labor hours supplied, and a wage rate of $7.25 per hour. C. 800 labor hours demanded, 800 labor hours supplied, and a wage rate of $6.50 per hour. D. 1,200 labor hours demanded, 500 labor hours supplied, and a wage rate of $4.50 per hour.