"Plowback" is that portion of corporate profits used to
a. invest in future activities of the corporation.
b. advertise the company's product.
c. buy back bonds (reduce debt).
d. pay owners for the use of their capital.
a
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What is measured on the horizontal axis on the aggregate demand graph?
A) nominal income B) real GDP per year C) unemployment D) the price level
Something that induces a person to act is called
a. a trade-off. b. a policy. c. an incentive. d. an opportunity cost.
All goods that are excludable are also rival in consumption, but not all goods that are rival in consumption are excludable
a. True b. False Indicate whether the statement is true or false
If the price of gasoline decreases, what will be the impact in the market for public transportation?
A) The demand curve for public transportation shifts to the right. B) The quantity of public transportation demanded increases. C) The demand curve for public transportation shifts to the left. D) The quantity of public transportation demanded decreases.