A claim on the net income and assets of a corporation is called:
a. an annuity.
b. an initial public offering or IPO.
c. a share of corporate stock.
d. a dividend.
c
Economics
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As the price of video games is raised from $20to $25, their quantity demanded fell from 1.5 million copies to 1 million copies. The price elasticity of demand for video games is:
a. -0.55 b. -1.8 c. -1.33 d. -2.08
Economics
What are the simplifications used in this chapter to derive the aggregate expenditures model?
What will be an ideal response?
Economics