Which of the following is true of basic research?
a. Basic research is the search for knowledge that does not aim at answering a specific question
b. Basic research is research that is not complex since it addresses elementary questions.
c. Basic research is research that seeks to apply scientific discoveries to the development of specific products.
d. Basic research is the search for knowledge to solve a particular problem.
e. Basic research is always funded by the central government of a country.
a
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Using the Gordon growth model, if D1 is $.50, ke is 7%, and g is 5%, then the present value of the stock is
A) $2.50. B) $25. C) $50. D) $46.73.
The National Labor Relations Act not only committed the federal government to promote collective bargaining, but to actually support ___________.
Fill in the blank(s) with the appropriate word(s).
Tax-exempt bonds:
A. generate higher returns for the bondholder when purchased through a tax-exempt retirement account. B. are most beneficial to those who pay higher income tax rates. C. are not affected by changes in yields on taxable bonds. D. include U.S. Treasury securities because the Internal Revenue Service does not charge income tax on interest earned from these bonds.
What is the major reason for oil price to go up in the 1970s?
A) formation of the OPEC B) fast of growth of emerging economies C) new energy D) higher demand from the US