50% of the national income in an economy goes to labor. If this economy has a Cobb-Douglas production function, ________ of its national income should go to capital
A) 50% B) 15% C) 20% D) 30%
A
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Longview Corporation has a stock price of $60, has issued 1,000,000 shares of stock, has retained earnings of $3 million dollars, and a dividend yield of 5 percent. The price-earnings ratio for Longview stock is
a. 20, which is high compared to historical standards of the market. b. 20, which is low compared to historical standards of the market. c. 10, which is low compared to historical standards of the market. d. 10, which is high compared to historical standards of the market.
There is resistance to exchange rate fluctuations because changes in the value of a currency are likely to cause all of the following except
A. The return to a worldwide gold standard. B. Uncertainty for people who invest in world markets. C. A change in the price of imports. D. A change in the price of exports.
If 100 shirts are sold when the unit price is $10, while 75 shirts are sold when the unit price is $15, one can conclude that in this price range,
What will be an ideal response?
The Federal Reserve System
A. oversees the Congress and Senate. B. is a branch of the Commerce Department. C. is the central bank of the United States. D. controls the Treasury Department.