Studying Economics Will Provide You with Tools That Are

question 98

Multiple Choice

Studying economics will provide you with tools that are

• A)mainly useful for understanding business issues.
• B)useless in real-world situations.
• C)mainly useful for financial analysis.
• D)not useful for studying issues such as crime, discrimination, and who has the right to sue.
• E)useful for studying issues such as monetary policy, discrimination, and who has the right to sue.

---

Definitions:

Residual Dividend Approach

Policy where a firm pays dividends only after meeting its investment needs while maintaining a desired debt–equity ratio.