What is the difference between retained earnings and dividends?
What will be an ideal response?
Retained earnings are profits kept by a firm to be used for financing future expansion. Dividends are profits paid to shareholders.
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Which of the following is NOT a monetary policy goal?
A) keeping long-term interest rates moderate B) maintaining stable prices C) keeping a high exchange rate for the dollar D) promoting maximum employment E) All of the above are monetary policy goals.
Explain the Ricardian equivalence theorem
What will be an ideal response?
Which of the following is not an argument in favor of restricting trade?
a. to preserve national security b. to prevent dumping c. to increase consumer surplus d. to protect infant industries e. to protect declining industries
In the television broadcasting industry, ________ is an end user and ________ is a platform.
A. an advertiser; a TV service provider B. a TV service provider; a TV maker C. an advertiser; a TV regulatory agency D. a TV maker; TV audience