The portion of a corporation's profits that a firm pays out each period to its shareholders is a

Hurricane Katrina damaged a large portion of oil refining and pipeline capacity in the Gulf coast states. In the market for gasoline,

A) the demand curve shifted to the left resulting in a decrease in the equilibrium price. B) the demand curve shifted to the right resulting in an increase in the equilibrium price. C) the supply curve shifted to the left resulting in an increase in the equilibrium price. D) the supply curve shifted to the right resulting in an increase in the equilibrium price.

Apple has been producing the new iPhone throughout 2013, but doesn't plan to sell it until March 2014. How are these iPhones, which are sitting in a warehouse somewhere in the U.S., affecting GDP?

A. They are considered inventory until they sell, so investment will increase when they are sold in 2014. B. They are inventory and will decrease investment in 2013. C. They are not counted in GDP at all since they were not sold. D. They will increase GDP only in the year they are produced, 2013.