A legal claim entitling the owner of the claim to fixed annual payments and a lump-sum payment is called a(n)
A) equity share.
B) bond.
C) stock.
D) debit.
Answer: B
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A black market develops only when quantity demanded exceeds quantity supplied.
Answer the following statement true (T) or false (F)
One of the most obvious clues to the relative scarcity of a product is
A) the limited selection of colors. B) the quality of the product. C) the variations in available sizes. D) its current market price.
What is the NAIRU?
A) the nongovernmental agency of inflationary rate unions B) the new accrual index of real unemployment C) the nonaccelerating inflation rate of unemployment D) the natural accelerating inflation rate of unemployment
Debbie makes porcelain plates in her home and sells them to the Opus gallery. She spent $400 last month on supplies and made 50 plates. She sold the plates to the gallery at $25 per plate. The gallery sells all the plates for $40 each. For all of the 50
plates, what is Debbie's total value added? For all the 50 plates, what is the gallery's total value added? What will be an ideal response?