According to the Coase theorem, which of the following are necessary for the efficient levels of pollution to be achieved? I. Property rights are defined. II. Transactions costs are low

If a corporation earns a profit, how do owners of the firm share in the profit?

A) by selling any bonds or stocks owned and realizing a capital gain B) by raising the interest rate on bonds C) through coupon payments on that firm's bonds D) through dividend payments on shares of that firm's stock

Slaver owners were optimistic about the economic future of slavery on the eve of the Civil War

Indicate whether the statement is true or false