The portion of corporate profits paid out to stockholders:
a. liability
b. dividend
c. bond stamp
d. stock
e. Stockholm stamp
Ans: b. dividend
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Your school decides to increase the intake of new students next year
To make its decision, what economic concepts would it have considered? Would the school have used the "economic way of thinking" in reaching its decision? Would the school have made its decision on the margin?
Suppose you found $10,000 hidden under a rock and deposited it in a demand deposit account at your bank. If the reserve requirement was 20 percent, your deposit would initially add ____ to total demand deposits and over time increase the money supply by a maximum of ____
a. $2,000; $4,000 b. $2,000; $40,000 c. $10,000; $40,000 d. $10,000; $50,000
According to the neo-Keynesians, the Phillips curve is stable over time
Indicate whether the statement is true or false
Which of the following would both make a worker's wage higher than otherwise?
a. the work is safe, the employer pays an efficiency wage b. the work is safe, the employer does not pay an efficiency wage c. the work is dangerous, the employer pays an efficiency wage d. the work is dangerous, the employer does not pay and efficiency wage