The reason a corporation has retained earnings is to
A) pay unemployment taxes.
B) make investments that will increase the value of the stock.
C) avoid the double taxation of corporate profits.
D) be able to make unemployment payments.
B
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If the marginal propensity to save (MPS) = 0.1, then
A) the MPC = 0.9. B) the APS = 0.1. C) the APC = 0.9. D) consumption equals $1,800 when income equals $2,000.
The perfectly competitive firm’s short-run shutdown rule is to shut down immediately if
A. TR < TC. B. TR < SRFC. C. TR < SRVC. D. TR < MC > Q.
Which of the following describes a labor union in the furniture industry?
a. The Skills I class covered proper milling, planning, saw work, and joinery. b. The group voted to accept a contract that raised hourly pay rates to $29.00. c. Employees received discounts at the company’s tool and supply retail outlet. d. The board voted to buy a rival table maker in an effort to gain market share.
Which of the following has occurred as the millennial generation has come of age?
A) The demand for "fast casual" food has decreased in the U.S. market. B) The demand for golf equipment has decreased in the U.S. market. C) The demand for traditional fast food has increased in the U.S. market. D) all of the above