A high-ranking corporate official of a well-known company is unexpectedly sentenced to prison for criminal activity in trading stocks. This should
a. raise the price and raise the present value of the corporation's stock.
b. raise the price and lower the present value of the corporation's stock.
c. lower the price and raise the present value of the corporation's stock.
d. lower the price and lower the present value of the corporation's stock.
d
Economics
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Jane is willing to pay $80 for a pair of shoes. The actual price of the shoes is $50. Her marginal benefit is
A) $80. B) $30. C) $50. D) $1300.
Economics
In the classical model, what happens to the level of real GDP if aggregate demand increases?
A) Real GDP increases. B) Real GDP decreases. C) Real GDP would increase at first, then decrease. D) Real GDP would remain the same, at equilibrium.
Economics