Common stock in a corporation represents a(n)
a. loan to the business
b. ownership interest in the business
c. investment in the business with a guaranteed interest return
d. investment in the business with a guaranteed profit return
e. gift to the corporation
B
Economics
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A multinational agency that specializes solely in making loans to promote long-term development and growth in developing countries is the
A) Federal Reserve System. B) World Bank. C) International Monetary Fund. D) International World Fund.
Economics
In year 1 the CPI is 181, and in year 2 the CPI is 195. If Dennis's salary was $95,000 in year 1, what is the minimum salary he must earn in year 2 to "keep up with inflation"?
A) $112,500 B) $102,348 C) $105,750 D) $88,180
Economics