When society gets the most it can from its scarce resources, then the outcome is called
a. equitable.
b. efficient.
c. normal.
d. efficacious.
b
Economics
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This year, on advice from your sister, you bought tobacco company stock at $50/share. During the year, you collected an $8 dividend, but due to the company's losses in medical lawsuits its stock fell to $40/share
At this point, you sell, realizing a A) dividend yield of -16% and a capital loss of 20%. B) dividend yield of 16% and a capital loss of 20%. C) dividend loss 10%. D) capital loss of 10%. E) total loss of 20%.
Economics
For the past several decades, the percentage of national income in the United States allocated to physical capital (rents, interest, profit) has been approximately
a. 20 percent. b. 40 percent. c. 60 percent. d. 80 percent.
Economics