Queen City Sausage stock is selling at $40 per share, it has retained earnings of $1.00 per share, and dividends of $1.00 per share. What is the price-earnings ratio and what is the dividend yield?
a. 20, 2.5 percent.
b. 20, 5 percent.
c. 40, 2.5 percent.
d. 40, 5 percent.
a
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The larger the marginal propensity to consume, the larger the multiplier effect
a. True b. False Indicate whether the statement is true or false
Bottles of very fine wine are less liquid than demand deposits
a. True b. False Indicate whether the statement is true or false
Josh wants to go to the football game this weekend, but he has a paper due on Monday. It will take him the whole weekend to write the paper. Josh decides to stay home and work on the paper. According to the Scarcity Principle, the reason Josh doesn't go to the game is that:
A. going to the game won't be fun. B. Josh can't go the game and finish the paper. C. writing the paper is easier than going to the game. D. Josh prefers schoolwork to football games.
In the long run, monopolistically competitive firms charge prices:
A. equal to the minimum of average total cost. B. equal to marginal cost. C. below marginal cost. D. above the minimum of average total cost.