A regular payment received by stockholders for each share they own is called a:
A. dividend.
B. bond.
C. capital gain.
D. coupon payment.
Answer: A
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Per capita real GDP levels provide one possible measure of a country's standard of living
Indicate whether the statement is true or false
Briefly explain how a technology spillover can help society while harming the originator of the technology, and describe the role of patents in the process.
What will be an ideal response?
Suppose all people have the same age-earnings profile and the percent of the population in each age category is the same. The distribution of income at any point in time will be
A) equal because all have the same profile. B) equal because incomes and wealth levels must then be the same. C) unequal because other sources of income will differ. D) unequal because incomes differ by age.
Refer to the information provided in Figure 17.1 below to answer the question(s) that follow. Figure 17.1 Refer to Figure 17.1. Dmitri has two job offers when he graduates from college. Dmitri views the offers as identical, except for the salary terms. The first offer is at a fixed annual salary of $40,000. The second offer is at a fixed salary of $20,000 plus a possible bonus of $40,000. Dmitri believes that he has a 50-50 chance of earning the bonus. If Dmitri takes the offer that maximizes his expected utility and is he is risk averse, then
A. he will take the first offer. B. he will take the second offer. C. he is indifferent between the offers-both yield the same expected utility. D. Indeterminate from the given information-we cannot say what he will do.