Stocks that offer a guaranteed fixed periodic payment or dividend are known as:
a. common stock.
b. restricted stock.
c. close-ended stock.
d. preferred stock.
e. open-ended stock.
d
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To counter a speculative attack on an overvalued currency, the monetary policymakers must ________ monetary policy and to fight a recession the monetary policymakers must ________ monetary policy.
A. ease; ease B. tighten; tighten C. tighten; ease D. ease; tighten
When economies of scale limit the number of firms in an industry to 3, there is a
A) natural monopoly. B) natural oligopoly. C) legal oligopoly. D) legal cartel. E) natural monopolistic competition.
Refer to Figure 2-4. A movement from ________ is the result of advancements in plastic production technology
A) V to X B) Y to Z C) W to X D) Z to W
The contention that tariffs should be imposed when a foreign government provides financial assistance to its producers is
A) a national defense concern. B) the infant industry argument. C) dumping. D) to counter foreign subsidies.