A share of ownership in a company is called
A. dividends.
B. stock.
C. a mortgage.
D. a bond.
Answer: B
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The study of how society manages its scarce resources is most closely associated with which field of study?
a. environmental studies b. economics c. management d. accounting
Are jobs the key to economic progress and the achievement of high income levels?
A) Yes, as long as people are working, income levels will be high. B) Uncertain, jobs are the key for a market economy, but they are less important for a centrally planned economy. C) Yes, when full employment is present, the income levels of the residents will be at their maximum. D) No, the people must be employed in jobs where they are producing goods and services that are valued highly relative to cost.
An indifference map shows
A. A set of budget constraints and one indifference curve. B. A set of indifference curves. C. One indifference curve. D. A set of indifference curves and a set of budget constraints.
Other things being equal, an increase in wages paid to workers in firms making portable power banks will cause
A) the quantity of portable power banks demanded to increase. B) the quantity of portable power banks supplied to decrease. C) the supply of portable power banks to decrease. D) the demand for portable power banks to decrease.