In January, suppose that a share of stock in Meyer, Inc had a price of $50 and that each share entitled its owner to $2 of Meyer, Inc's profit. During the year, the price of a share of Meyer's stock rose to $100
The interest rate paid on the share in January was ________ percent. A) 2
B) 0.02
C) 4
D) 25
C
You might also like to view...
In the above table, the average variable cost at 2 units of output is
A) $1.00. B) $2.00. C) $4.00. D) $4.80.
Public goods legislation involves
a. widespread benefits and concentrated costs b. widespread benefits and widespread costs c. concentrated benefits and widespread costs d. concentrated benefits and costs e. regulating natural monopolies to avoid price gouging
The law of diminishing marginal returns states that as the quantity of capital per worker increases, other things constant, output per worker eventually: a. increases at a constant rate
b. increases at a decreasing rate. c. increases at an increasing rate. d. decreases. e. remains constant.
Which of the following is not a criticism of government spending as a solution to an inflationary gap?
a. It's hard to end new programs of government spending. b. Vested political interests tend to reduce spending. c. The economy has a natural tendency to self-correct. d. Government spending is not cost-free. e. Depreciation will lead to increased investment demand on its own.