A dividend is
a. a payment to the corporation's bondholders
b. the same as the profit of the corporation
c. a payment of a portion of the corporation's profits to the shareholders
d. guaranteed if one has common stock
e. the payment to each partner in a partnership form of business
C
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When nations enter into currency unions, their fiscal affairs continue to be separate. The exception to this situation is whenever a confederation of states has a system:
A) whereby monetary policy is decided by consensus rather than centrally. B) of government subsidies for firms exporting outside the union. C) of fiscal mechanisms that permits interstate transfers. D) of common tax policies and regulatory rule.
An inferior good is a good for which the quantity demanded decreases as the price increases, holding everything else constant
Indicate whether the statement is true or false