The total return that the owner of a stock receives is the value of the dividends received minus the capital gain or loss.
Answer the following statement true (T) or false (F)
False
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The Federal Constitution, like the laws under English rule, permitted the U.S. government to
(a) impose taxes to pay for government services and national defense. (b) regulate commerce with other countries. (c) create money and regulate its value. (d) do all of the above.
In an unregulated, competitive market producer surplus exists because some
A) consumers are willing to pay more than the equilibrium price. B) producers are willing to take more than the equilibrium price. C) producers are willing to sell at less than the equilibrium price. D) consumers are willing to purchase, but only at prices below equilibrium price.
First Safety, a commercial bank, has $6,000,000 of outstanding demand deposits and actual reserves of $1,700,000 . If the reserve ratio is 25 percent, what is the maximum amount of new loans the bank can extend?
a. $100,000 b. $425,000 c. $200,000 d. $1,500,000
As a general rule, consumers have
a. limited income. b. unlimited desires for goods. c. many choices of goods facing them. d. All of the above are correct. e. None of the above are correct.