A share of stock is
A) a claim on the assets of the corporation that gives the purchaser an ownership right in the corporation.
B) the share of profits distributed to stockholders.
C) a promise to pay for the use of someone else's money.
D) a promise to loan money to someone.
E) a and b
A
You might also like to view...
Suppose the price of X increases by 10 percent while the quantity demanded of Y does not change. We would conclude that
A) the two goods are substitutes, but the cross elasticity of demand is not large. B) the two goods are complements, but the cross elasticity of demand is not large. C) the two goods are perfect substitutes. D) the two goods are not related.
If the central bank in some country raised the reserve requirement, then the money multiplier for that country
a. would increase. b. would not change. c. would decrease. d. could do any of the above.
If, in response to a weak employment picture, a law was passed to increase the number of lanes on all interstate highways by at least one lane, this would likely
A. decrease aggregate supply. B. increase aggregate supply. C. increase aggregate demand. D. decrease aggregate demand.
Over the last 50 years, the U.S. labor force participation rate of men has ________ by ________ the labor force participation of women has ________. As a result, the overall U.S. labor force participation has ________
A) increased; more than; decreased; increased B) decreased; more than; increased; decreased C) increased; less than; decreased; decreased D) decreased; about the same rate as; increased; remained steady E) decreased; less than; increased; increased