If corporations have their choice, they will prefer to invest using
A. revenue from the sale of stocks.
B. revenue from the sale of bonds.
C. plowback.
D. money borrowed from the bank.
Answer: C
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"Tariffs today in the United States are much higher than in the past." Is the previous statement correct or incorrect?
What will be an ideal response?
The more bowed (skewed) the Lorenz curve
A) the more equal the distribution of income. B) the greater the number of households in the society. C) the more unequal the distribution of money income. D) the greater the total income of the society.
Which of the following is not a necessary condition for the Coase theorem?
a. Property rights are clearly defined. b. The costs of bargaining are sufficiently low. c. The government intervenes to internalize the externality. d. There are only a few parties involved.
If a firm wants to increase revenue, it should decrease the selling price of its product if it is currently producing in the ________ portion of its demand curve.
A. perfectly inelastic B. inelastic C. elastic D. unit elastic