Preferred stock differs from common stock in all the following ways except it
a. does not carry voting privileges
b. represents corporate debt, not ownership
c. pays dividends to preferred stockholders first
d. pays a fixed dividend
e. has a prior claim on dividends
B
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Refer to the above figure. Unexpected expansionary monetary policy has caused the aggregate demand curve to shift to AD2. In the short run
A) the unemployment rate can increase or decrease depending upon how much the LRAS will shift. B) the unemployment rate will be smaller than the rate before the expansionary monetary policy. C) the unemployment rate will be larger than the rate before the expansionary monetary policy. D) the unemployment rate will be the same rate as before the expansionary monetary policy.
Laws that assign owners the rights to use assets as they see fit are called
a. human rights. b. economic rights. c. property rights. d. government rights.
Over-the-Rhine Cheese Corporation had a P/E ratio of 20, retained earnings of $0.80 per share and a dividend of $1.70 . What was its dividend yield?
a. 1.25%. b. 5.0%. c. 3.4%. d. 10.6%.
If the price elasticity of demand for an annual magazine subscription is 1.6 in the range between $26 and $30, what happens in the market when the subscription price rises from $26 to $30?
a. There will be an increase in the total revenue the magazine collects on its subscriptions. b. There will be a decrease in the total revenue the magazine collects on its subscriptions. c. Magazines will become a normal good. d. Magazines will become an inferior good