A corporation is legally owned by its

A. chief executive officer.
B. board of directors.
C. bondholders.
D. stockholders.


Answer: D

Economics

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Recall the Application. The loans made to borrowers who have a limited ability to actually repay their mortgages are known as

A) no-fault loans. B) stimulus loans. C) bankruptcy loans. D) subprime loans.

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The GDP price index equals

i. nominal GDP divided by real GDP multiplied by 100. ii. a measure of the price level. iii. an average of current prices expressed as a percentage of base-year prices. A) i, ii, and iii B) iii only C) ii and iii D) i only E) i and ii

Economics

How are the operations of the Federal Reserve financed?

What will be an ideal response?

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The total annual market value of a nation's final output of goods and services computed at existing prices is called:

A. real GDP. B. aggregate income. C. nominal GDP. D. net national product.

Economics