A stock is an obligation issued by a corporation that promises the holder to receive fixed annual interest payments and payment of the principal upon maturity
a. True
b. False
Indicate whether the statement is true or false
False
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One of the primary objectives of the WTO is:
a. to create trade restrictions across the countries. b. to reduce trade barriers created by the different countries. c. to enable certain countries to maintain their autarkic conditions. d. to enable the western countries to emerge as major players in the international trade. e. to redistribute wealth from the first world to the third world countries.
According to Rawls, individuals placed behind a veil of ignorance would
A. choose a less egalitarian society. B. move from an authoritarian to a democratic form of government. C. move from a democracy to an authoritarian form of government. D. choose a more egalitarian society.
The division of labor usually refers to splitting
a. the three coordination decisions among different sets of planners.
b. the parts of a complex task among different workers.
c. the production of consumption goods and capital goods among different workers.
d. political leaders into radical and conservative camps each year.
Comparable worth is the principle that:
A. goods and services priced the same have about the same worth. B. the wage rate equals the value of productivity. C. men and women should be paid comparably. D. employees who perform comparable jobs should be paid the same wage.