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How does technological advance enhance economic efficiency? Distinguish between its effects on productive efficiency and allocative efficiency.
Voting Rights
The entitlements of shareholders to vote on company matters, typically proportional to the number of shares they hold.
Treasury Stock
Refers to shares that were once part of the outstanding shares and have been bought back by the company.
Cash Dividend
Cash payments issued to a certain category of stockholders out of a firm's profits, as resolved by the board of directors.
Shares Issued
The total number of shares that have been allocated and distributed to shareholders by a company, representing ownership in the company.
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