The owners of a company are its

A. stockholders.
B. employees.
C. bond holders.
D. A and C.


Answer: A

Economics

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Some economists develop theories concerning policy issues to

A. further their own political agendas. B. understand what happened in an earlier time period. C. describe current economic events. D. make sound recommendations about policy alternatives. E. help elect new government officials.

Economics

The falling phase of a business cycle measured by a decrease in real GDP is called:

A) hyperinflation. B) expansion. C) recession. D) peak.

Economics

A recent purchaser of a bond that agrees to pay an annual nominal amount would hope that interest rates do not rise

Indicate whether the statement is true or false

Economics

The Acme Oil Company is a vertically integrated firm. It explores for and extracts crude oil. It also refines the crude oil into gasoline and other products, and sells these products to consumers

The internal price that Acme Oil uses when the crude oil that it extracts is "sold" to one of its refineries is called: A) the shadow price. B) the transfer price. C) the market price. D) the non-market price. E) none of the above

Economics