A financial security that represents a promise to repay a fixed amount of funds is a

American Idol is a popular television program where contestants compete to win a $1 million record deal. To determine the winner, fans either dial the number or send a text message indicating their favorite contestant

The contestant with the highest number of texts and phone calls wins. What is the scarce resource in this example? A) $1 million record deal B) television ratings C) phone calls and text messages D) fans

Stock options make managers who receive them have exactly the same goals as shareholders

Indicate whether the statement is true or false