When Peter sells his Google common stock at the same time that Brian purchases the same amount of Google stock from another party, Google receives
A) the dollar value of the transaction.
B) only the par value of the common stock.
C) nothing.
D) the dollar amount of the transaction, less brokerage fees.
Answer: C
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An increase in nominal GDP will
A. decrease the transactions demand and the total demand for money. B. decrease the transactions demand for money but increase the total demand for money. C. increase the transactions demand and the total demand for money. D. increase the transactions demand for money but decrease the total demand for money.
New Source Performance Standards (NSPS)
a. were revoked by the Clean Air Act Amendments of 1990 b. are applicable to new and modified stationary sources c. are performance-based standards defined by the EPA d. are more lenient than emissions limits for existing sources e. none of the above
The marginal propensity to consume is
a) identical to the average propensity to consume b) the inverse of the marginal propensity to save c) the slope of the consumption function d) the inverse of the expenditure multiplier e) equal to the income tax rate
Marginal revenue product is
A) marginal physical product multiplied by marginal revenue. B) marginal physical product multiplied by average variable cost of the product. C) the price of the product. D) the total revenue from the sale of the product sales.