If a corporation fails, the last recipients of funds that may remain are
A. common stockholders.
B. bond holders.
C. preferred stockholders.
D. government tax collectors.
Answer: A
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Does a rise in the price level bring a movement along the aggregate supply curve or does it shift the aggregate supply curve?
What will be an ideal response?
What occurs if a price floor is set above the equilibrium price? What occurs if a price ceiling is set below the equilibrium price?
What will be an ideal response?
The aggregate supply curve shows the relationship between
A) the level of inputs and aggregate output. B) the inflation rate and the level of inputs. C) the wage rate and the level of employment. D) the inflation rate and the level of aggregate output supplied.
Suppose that IS and LM intersect at full-employment output. A rightward shift of LM will be followed by a __________ price level that shifts LM to the __________ in a return to full employment
A) rising; right B) rising; left C) falling; right D) falling; left