A stock that has a price of $20 per share, earnings per share of $2.00, and a dividend of $1.50 will have
A. a PE ratio of 1.333.
B. a yield of 12 percent.
C. a yield of 7.5 percent.
D. a PE ratio of 20/1.50.
Answer: C
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As indicated by real GDP, real GDP per capita and nominal GDP figures, the Great Depression was unmoved by the social reconstruction efforts of President Franklin D. Roosevelt and his supporters
Indicate whether the statement is true or false
Discouraged workers are people who have:
A. looked for work in the past year but have given up looking because of the condition of the labor market. B. not looked for work in the past year but would take a job if one was offered to them. C. looked for work in the past year but decided to leave the labor market to go back to school, retire, or be a stay-at-home parent. D. not looked for work in over a year because of the condition of the labor market.
The slope of a many-worker consumption possibilities is determined by the relative price of
A. the good that is least in demand. B. both goods in the domestic market. C. both goods in the world market. D. the good that is most in demand.
After getting a raise at work, Jennie now regularly buys steak instead of hamburger. Based on this behavior, we can assume:
A. steak is a normal good, and hamburger is an inferior good for Jennie. B. steak is an inferior good, and hamburger is a normal good for Jennie. C. steak and hamburger are complementary goods for Jennie. D. steak and hamburger are normal goods for Jennie.