If a firm goes bankrupt, the bondholders will get paid back before the stockholders get any money.
Answer the following statement true (T) or false (F)
True
Economics
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According to the production possibilities model, if more resources are allocated to the production of physical and human capital, then all of the following are likely to happen except
A) fewer goods will be produced for consumption today. B) the production possibilities frontier will be shift outward in the future. C) future economic growth is enhanced. D) the country's total production will fall.
Economics
Refer to the diagram. A price of $20 in this market will result in a:
A. shortage of 50 units.
B. surplus of 50 units.
C. surplus of 100 units.
D. shortage of 100 units.
Economics