According to the text, those who hold stock in U.S. corporations
a. are only from the top 10 percent of the wealthiest individuals in the country
b. cover a wide spectrum of American society
c. are mainly over 65 years of age
d. have very little education
e. includes only 2 percent of the U.S. population
B
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Neither the supply of nor demand for a good is perfectly elastic or perfectly inelastic. So, imposing a tax on the good results in ________ in the price received and kept by sellers and a ________ in the price paid by buyers
A) a rise; rise B) a rise; fall C) a fall; rise D) a fall; fall E) no change; rise
Cost-benefit analysis requires:
A) choosing the alternative with the least net benefit. B) all costs and benefits to be measured in the same unit. C) evaluating the budget constraint before making a choice. D) that the risks associated with different alternatives are ignored.