Katie buys a house for $200,000 and rents it for $1,000 per month. Katie's annual rate of return:
A. is 0.5 percent.
B. is 5 percent.
C. is 6 percent.
D. cannot be determined until she sells the house.
C. is 6 percent.
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Including discouraged workers in the calculation of the unemployment rate would
A) not change the reported rate. B) increase the reported rate. C) change the reported rate, but in an unpredictable manner. D) lower the reported rate.
Tariffs are considered to be a popular tax in the first world countries who justify them on the basis of the revenue they generate for government spending
a. True b. False Indicate whether the statement is true or false
Suppose the demand for a product is lnQxd = 10 ? ln Px, then product x is:
A. inelastic. B. elastic. C. unitary elastic. D. Cannot be determined without more information.
Dividends are
A) the portion of a corporation's profits that are distributed to stockholders. B) the portion of a corporation's revenues that are distributed to bondholders. C) bonuses given to managers of corporations, to ensure that the managers perform in the way that stockholders want. D) taxes on the profits of corporations.