If a corporation pays a dividend, which group receives priority in receiving the dividend?
A) bond holders
B) holders of common stock
C) holders of preferred stock
D) dividends are evenly divided by holders of common and preferred stock
C
You might also like to view...
If the marginal propensity to consume is very close to zero, then the multiplier
A) cannot be calculated. B) is very close to one. C) is very large. D) is very close to zero. E) might be negative if the marginal tax rate is large enough.
A single-price monopoly causes a deadweight loss because it ________
A) restricts its output so it is less than the efficient quantity B) increases the amount produced beyond the efficient quantity C) maximizes marginal revenue rather than minimizes marginal cost D) increases marginal cost
What is the transitional gains trap? In New York, in order to be legal a cab driver must have a medallion (i.e., a license) to operate
With respect to New York cab drivers who, if anyone, received transitional gains? What if the medallion program were ended tomorrow. Who would be harmed?
When a perfectly competitive industry is in long-run equilibrium, firms maximize profits, and entry forces the price down
A. until all firms with losses leave the industry. B. until each firm can earn acceptable level of economic profit. C. until price becomes tangent to the long-run average cost curve. D. until the long-run average cost curve rises above the demand curve.