What Term Identifies Stock That Has Been Authorized and Sold

question 40

Multiple Choice

What term identifies stock that has been authorized and sold?

• A)authorized and paid stock
• B)outstanding stock
• C)treasury stock
• D)authorized and unissued stock

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Definitions:

Efficient Outcomes

Results or end-states that achieve the maximum benefit or utility with the minimal waste of resources.

Economy

The system of production, distribution, and consumption of goods and services in a particular geographic area.

Unemployment

The condition of being without a job, while actively searching for employment.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two or more goods given a set of inputs.