If Tomas purchases a share of stock for $150 and one year later sells it for $225, he will realize a
A. a capital gain of $225.
B. dividend of $225.
C. capital gain of $75.
D. dividend of $75.
Answer: C
You might also like to view...
By itself, an increase in exports
A) increases GDP. B) decreases GDP. C) means imports decrease by the same amount. D) can either increase or decrease GDP, depending on whether the exports are durable or nondurable.
If there is pollution in producing a product, then the market equilibrium price
A) and equilibrium quantity are too low. B) and equilibrium quantity are too high. C) is too low and equilibrium quantity is too high. D) is too high and equilibrium quantity is too low.
Helping the poor is synonymous with more income equality
a. True b. False
Firms in perfectly competitive markets who wish to maximize profits ought to produce:
A. where total profit is the greatest. B. at capacity and plan to expand in the long run. C. where marginal revenue equals market price. D. as many units as their scale allows.