If you want a say in the management of a corporation, you should buy
A) common stock.
B) preferred stock.
C) bonds.
D) either bonds or preferred stock.
Answer: A
Economics
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The short-run aggregate supply curve
A) is vertical. B) shows the impact changes in the price level have on the quantity of real GDP when resource prices are constant. C) illustrates the level of potential real GDP. D) shifts whenever the price level changes.
Economics
Suppose two goods are perfect substitutes. The price elasticity of demand of one of the goods is
A) 0. B) 1. C) 10. D) infinity.
Economics