When a firm retains earnings for investment purposes, it is effectively saving on behalf of its shareholders.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Which of the following is not considered a factor that influences supply?
A) Technology. B) Production taxes and subsidies. C) The number of buyers. D) Resource prices.
If marginal costs increase, a monopolist will:
A. decrease price and increase output. B. decrease both price and output. C. increase price and decrease output. D. increase both price and output.
If nominal GDP rises:
A. real GDP may either rise or fall. B. we can be certain that the price level has risen. C. real GDP must fall. D. real GDP must also rise.
In 1964 civil rights legislation was passed
a. that made it illegal for women to make less than the minimum wage. b. that created the No Woman Left Behind Commission. c. prohibiting employers from discriminating based on race and gender. d. requiring fields traditionally dominated by male workers to hire more female candidates.