A _____ is a certificate of indebtedness and a _____ is a claim to partial ownership in a firm

Fill in the blank(s) with correct word


bond, stock

Economics

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Real wages usually lag behind the increases in labor productivity.

Answer the following statement true (T) or false (F)

Economics

External costs and external benefits are collectively referred to as:

A. externalities. B. network externalities. C. social externalities. D. social welfare.

Economics

The intersection of the marginal prices or wage and marginal factor cost determines the wage in bilateral monopoly.

Answer the following statement true (T) or false (F)

Economics

Rational expectations theory considers the aggregate:

A. Demand curve to be vertical B. Supply curve to be vertical C. Supply curve to be horizontal D. Demand curve to be horizontal

Economics