Which of the following activities is most likely to be considered rent seeking?
a. buying an apartment building
b. hiring a lobbyist
c. voting for a politician who supports government spending
d. buying common stock
b
Economics
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Explain why some small start-up companies choose not to pay dividends even though they make very large profits. Why might investors still be happy with this arrangement?
What will be an ideal response?
Economics
If the relative price of S in terms of T is 2 and S has a nominal price of $1, then the nominal price of T is
A) $2. B) 50 cents. C) 1/2 S. D) Need more information to answer.
Economics