Shares of ownership in a corporation are known as
A. Corporate stock.
B. Corporate bonds.
C. Savings bonds.
D. Retained earnings.
Answer: A
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Points outside the production possibilities frontier illustrate production points that cannot be attained
Indicate whether the statement is true or false
Depository institution create liquidity when they
A) buy assets that are liquid. B) borrow short and lend long. C) have liabilities that are illiquid. D) borrow long and lend short.
Suppose a monopolist chooses to advertise its good and its own demand curve shifts to the right, then we know that
a. the industry's demand curve shifts in precisely the same way b. its competitors share some of the benefits of the advertising c. the monopolist's cost curves will shift to accommodate the shift in demand d. the price of substitute goods will fall e. consumers are turned off by the advertising and buy less at every price
What is the amount of tariff imposed on a ton of sugar?
A. $1 B. $1,000 C. $500 D. $50