Stocks are riskier for buyers because there is no commitment to pay dividends.

Taxes and transfer payments automatically reduce fluctuations in real GDP and thereby stabilize the economy without any need for decisions from Congress or the White House

Indicate whether the statement is true or false

A university's basketball gymnasium is never more than half-full during basketball games. This implies a. the ticket price is above the equilibrium price. b. the ticket price is below the equilibrium price. c. the ticket price is at the equilibrium price

d. nothing about the equilibrium price.