The international organization with the sole goal of promoting global antipoverty efforts is the
A) World Bank.
B) International Monetary Fund.
C) Board of Governors of the Federal Reserve System.
D) GAE.
A
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When a government imposes a price floor on a good that is above the market equilibrium price
A) a surplus will develop. B) a shortage will develop. C) producers will increase their sales price. D) consumers will increase their demand for the good.
Which circumstance is most likely to cause a farmer to store soybeans for future sale instead of selling them right after harvest?
(A) Inflation is running at 25 percent. (B) The government lifts restrictions on the importation of soybeans. (C) A new technology decreases the chance of rot. (D) The government imposes an excise tax effective next year.
A company currently pays a dividend of $4.00 per share. It expects the growth rate of the dividend to be 3% (0.03) annually. If the interest rate is 6% (0.06) what does the dividend- discount model predict the current price of the stock should be?
A. $ 137.33 B. $103.33 C. $66.67 D. it doesn't, you need an expected future selling price to use the model.
An industry is comprised of 25 firms, each with an equal market share. What is the four-firm concentration ratio of this industry?
A. 0.25 B. 0.20 C. 0.12 D. 0.16