Examlex

Solved

In a Market System, Prices Are Used to Coordinate Economic

question 183

True/False

In a market system, prices are used to coordinate economic activity.


Definitions:

Preferred Stock

A class of ownership in a corporation with a fixed dividend that has priority over common stock dividends but typically does not have voting rights.

Par Value

The nominal or face value of a bond, share, or coupon as stated by the issuer.

Market Price

The up-to-the-minute market price for assets or services open for buy or sell transactions.

Dividends

Funds distributed by a company to its shareholders from its profits.

Related Questions