Common stocks are ____ risky for the issuing corporation and ____ risky for the corporation’s stockholders, compared to other financial assets, such as bonds.

The above figure shows the supply and demand curves for high-skilled and low-skilled labor. High-skilled workers earn a wage rate of

A) $15 per hour. B) $12 per hour. C) $9 per hour. D) $6 per hour.

If the exchange rate is such that $1 equals 20 Mexican pesos, then the price of a peso is

A. $1. B. $0.20. C. $2. D. $0.05.