The expected rate of return from a share of stock consists of:
a. a dividend return
b. capital appreciation (or depreciation)
c. interest
d. a and b only
e. a, b, and c
d
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In Wall Street Jargon, a "Bear Market" typically means
A) stock prices have declined by at least 20%. B) stock prices have declined by at least 50%. C) stock prices have risen by at least 20%. D) stock prices have risen by at least 50%.
Which of the following is true of the shape of the short-run Phillips curve? a. It is vertical
b. It is horizontal. c. It is downward sloping. d. It is upward sloping.
Identify the main planks of the classical thought. (4 Marks)
a. Distinguish between voluntary and involuntary unemployment. (4 Marks) b. Explain the process through which classical unemployment can occur in an economy.
If Sean sells Susan a DVD player for $30,
a. the well-being of both parties will be unchanged. b. both Sean and Susan will gain from this transaction. c. Sean will gain from the transaction, but Susan will lose. d. Susan will gain from the transaction, but Sean will lose.