A dividend is
a. a payment to the corporation's bondholders
b. the same as the profit of the corporation
c. a payment of a portion of the corporation's profits to the shareholders
d. guaranteed if one has common stock
e. the payment to each partner in a partnership form of business
C
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According to the text, minimum-wage laws cause increases in
A) productivity. B) employment possibilities. C) poverty. D) structural unemployment.
Which of the following is a series of rules that stops trading on an exchange for a relatively short period of time?
A. Program trading B. Market limits C. Stop orders D. Circuit breakers
Economists study perfect competition
A. because many markets are perfectly competitive. B. for its descriptive realism. C. to establish a benchmark by which to measure the performance of the economy. D. All of the responses are correct.
Income inequalities are often greatest in the poorest countries.
Answer the following statement true (T) or false (F)