Which of these situations is most likely to lead to a decrease in the price of a good?
A. Demand increases as fast as supply increases.
b Demand decreases and supply remains the same.
c Demand decreases and supply decreases the same amount.
d Demand increases and supply decreases.
B. Demand decreases and supply remains the same.
Which is most similar to buying a bond?
a getting a mortgage
b giving a loan
c paying a dividend
d going into credit card debt
B. Giving a loan.
Which does a company do in an initial public offering (IPO)?
a begins selling stock to the public
b enters into a new partnership
c offers a new line of products
d gets taken over by the government
A. Begins selling stock to the public.
Which is an example of a consumption tax?
a 9% tax on all sales
b 15% tax on profits from stock sales
c 30¢ tax per gallon of gasoline
d 10% tax on gambling winnings