If I own a share of stock in IBM, I own
a. only the right to vote in elections of corporate directors
b. a claim to a share of IBM's assets and earnings as well as the right to demand annual dividend payments
c. the right to demand annual dividend payments as well as the right to vote in elections of corporate directors
d. only the right to demand annual dividend payments
e. a claim to a share of IBM's assets and earnings as well as the right to vote in elections of corporate directors
E
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In 1931, the first major country to abandon the gold standard — in order to increase its policy options in face of the Great Depression — was
A) Germany. B) France. C) Great Britain. D) the United States.
Opportunity costs arise because of resource scarcity
a. True b. False
When the economy has substantial additional saving, deficit spending will have a large "crowding out" effect
a. True b. False Indicate whether the statement is true or false
The number one cause of death in the United States was _______ in 1980. By 2014, it was _______.
a. AIDS; cancer b. heart disease; heart disease c. cancer; stroke d. homicide and accidents; adult onset diabetes e. stroke; pneumonia and influenza