If a corporation earns a profit, dividends must be paid
Indicate whether the statement is true or false
F
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Can the U.S. dollar and the European euro both appreciate relative to each other?
a. Yes, both countries can gain in this manner. b. Yes, provided the central banks permit it. c. No, unless there is a system of fixed exchange rates. d. No, if one currency appreciates, the other must depreciate.
A price war:
A. is one possible consequence of oligopolistic rivalry. B. never occurs in oligopolistic markets. C. results in higher profits for sellers. D. occurs only under perfect competition.
What was the stated purpose of the TARP $700 billion bailout?
A. Give it to financial institutions to keep them from going bankrupt. B. Purchase illiquid assets from banks and other financial institutions to restore market. C. Loan money to the automobile industry to save the market for automobiles. D. Provide incentives to homebuyers to improve the housing market.
The percentage of a balance that a borrower must pay a lender is called the
A. monetary index. B. inflation rate. C. interest rate. D. usury rate.