As a holder of a share of common stock, you are

A. entitled to a portion of the firm's revenues.
B. entitled to a standard percentage return on your investment.
C. entitled to a portion of the firm's profits.
D. responsible for the liabilities of the corporation.


Answer: C

Economics

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The natural rate of unemployment is the rate that exists when the economy is producing at potential GDP

Indicate whether the statement is true or false

Economics

Refer to Table 20-9. Suppose that the data in the table above reflect the price levels in the economy. Given that data, we can say that the cost of living rose by ________ between 2015 and 2016?

A) 2% B) 5% C) 8% D) 11% E) 13%

Economics

Suppose the saving rate is initially greater than the golden rule saving rate. We know with certainty that a reduction in the saving rate will cause

A) a reduction in the rate of growth in the long run. B) a reduction in output per worker. C) a reduction in consumption per worker. D) all of the above E) none of the above

Economics

Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow.  Figure 8.5 Refer to Figure 8.5. If no drones are produced, total variable costs are

A. $0. B. $25. C. $50. D. indeterminate from this information.

Economics