All of the following will cause a shift in the supply of smartphones EXCEPT
A) a decrease in the prices of smartphones.
B) an increase in the cost of producing smartphones.
C) a per-unit government subsidy on the production of smartphones.
D) a decrease in the number of smartphone manufacturers.
A
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If a stock's dividend is expected to grow at a constant rate of 6 percent in the future
and it has just paid a dividend of $2.50 a share, and you have an alternative investment of equal risk that will earn a 8 percent rate of return, what would you be willing to pay per share for this stock? A) $2.86 B) $33.13 C) $132.50 D) $200.00
An improvement in the technology used to produce goods would:
Since 1970, U.S. union membership has
a. increased as a percentage of the labor force. b. declined as a percentage of the labor force. c. remained stable as a percentage of the labor force. d. become more restrictive.
The median-voter theorem suggests that:
A. politicians maximize their votes by taking the policy position preferred by the median voter, under certain conditions. B. Politicians always receive more votes in general elections when they appeal to extremists in their party. C. the middle voter is generally influenced by the side they have more information on concerning an issue. D. voters tend to vote with a "mob-mentality," all voting the same.