Payment to the owners of natural resources used in the production process is in the form of
a. interest.
b. rent.
c. wages.
d. profits.
b. rent.
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Exhibit 36-2 Stock High Low Close Net chg. Dasher 17.25 16.75 17.00 (A) Dancer 34.85 34.25 (B) +0.25 Prancer 56.50 55.90 56.00 (C) Vixen 65.90 (D) 64.75 -0.75 Refer to Exhibit 36-2. If the closing price of Prancer's stock on the previous day was $55.50, what value goes in blank (C)?
A. +0.75 B. -0.50 C. +0.50 D. +0.25 E. There is not enough information given to answer this question.
Which of the following pieces of information on individual stocks cannot be found in the options section of the financial news?
A) The closing price of the stock B) Open interest C) Option trading volume D) Bid price
Although a monopoly can charge any price it wishes, it chooses:
a. the highest price. b. price equal to marginal cost. c. the price that maximizes profit. d. competitive prices. e. a fair price.
In general, the faster inflationary expectations adjust, the: a. less macro policy can influence unemployment
b. better discretionary policy can be expected to work. c. slower the adjustment of the short-run Phillips curve. d. stronger the case for active policy. e. more effectively a policy can influence unemployment.