If you own 100 shares of preferred stock, how many regular votes would you get to cast at the next stockholders meeting?
A. 500
B. 1
C. 100
D. 0
Answer: D
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A market-clearing curve for a good:
A. shows the quantities supplied and demanded for a particular product. B. shows the combinations of prices, both for that good and for other related goods, that bring supply and demand for the good into balance. C. shows the quantities supplied and demanded for all goods. D. shows equilibrium in a particular market.
Which of the following would generate a supply of euros in exchange for dollars?
a. American demand for European real estate. b. European demand for U.S. government bonds. c. Americans vacationing in Europe. d. Purchase of French wines by U.S. importers.
Which of the following statements about business cycles is correct?
a. Business cycles are always caused by demand-side effects b. Business cycles are always caused by supply-side effects c. Business cycles are always initiated by domestic-based shocks d. Business cycles are always initiated by foreign-based shocks. e. Business cycles can originate in the real, social, financial, and/or political sector.
Both The Wealth of Nations and the Declaration of Independence share the point of view that
a. every person is entitled to life, liberty, and the pursuit of happiness. b. individuals are best left to their own devices without the government guiding their actions. c. the government plays a central role in organizing a market economy. d. because of human nature a strong legal system is necessary for a market system to survive.