The market value of ABC Corp, whose securities are publicly traded, can be found by
a. multiplying the price of its stock by the number of shares outstanding
b. dividing the number of shares outstanding by the price of the stock
c. adding the total value of its outstanding stock to the total value of its outstanding bonds
d. subtracting the total value of its outstanding bonds from the total value of its outstanding stock
e. subtracting the total value of its outstanding stock from the total value of its outstanding bonds
A
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In the United States between 1981 and 2012, the
A) nominal wage rate increased more than the real wage rate. B) real wage rate increased more than the nominal wage rate. C) nominal and real wage rates increased the same amount. D) real and the nominal wage rates decreased the same amount. E) nominal wage rate decreased and the real wage rate increased.
A negative externality is said to exist if
A. the social costs exceed the private costs. B. the private marginal cost exceeds the private marginal benefit. C. the producer and the consumer surplus for a particular good are not equal. D. a tax imposed on the production of a particular good results in a deadweight loss.