People who own preferred stock have voting privileges in the corporation

Indicate whether the statement is true or false


F

Economics

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Microeconomics, as opposed to macroeconomics, includes the study of what determines the

A) unemployment rate in the United States. B) profitability of the airline industry. C) size of the federal deficit. D) rise or fall of the inflation rate.

Economics

Dana's utility of wealth is 65 units at $3,000, 80 units at $5,000, and 95 units at $9,000. Starting from zero wealth, he must choose between options A and B. Option A gives him $5,000 for sure

Option B gives him $3,000 with probability 0.5 or $9,000 with probability 0.5. Dana will A) choose option A. B) choose option B. C) be indifferent between option A and option B because they have the same risk. D) be indifferent between option A and option B because they have the same expected utility.

Economics

Suppose the nominal price of gasoline was $0.90 per gallon in 1987. To convert this value to the real price of 1987 gasoline in 2012 dollars, we should:

A) multiply by the 1987 CPI and divide by the 2012 CPI. B) multiply by the 2012 CPI and divide by the 1987 CPI. C) not do anything because this is the real price in 2012 dollars. D) none of the above

Economics

Holding other things constant, an increase in the inflation rate in US compared to the Chinese economy may cause the demand for dollar to _____________ and the supply for dollar to __________

a. Increase; decrease b. Increase, increase c. Decrease; Increase d. Decrease; Decrease

Economics